The US trade deficit soared to a record $131.4 billion in January, exceeding even the most optimistic estimates from economists. The surge came as companies sought to stock up on foreign goods before President Trump’s tariffs took effect, widening the gap by 34% compared to the previous month.
Source: https://www.bloomberg.com/news/articles/2025-03-06/us-trade-deficit-surges-to-a-record-ahead-of-trump-tariffs