The US trade deficit widened 13.7% to $105.6 billion, reaching a 17-month high despite President Trump's tariff policies. The significant expansion in the goods and services gap suggests that current trade measures have not yet reversed the imbalance trend. This latest data marks the largest monthly deficit in over a year, highlighting ongoing challenges in narrowing the trade gap through protectionist strategies. Markets are now assessing the implications of this surge for future monetary policy and economic growth forecasts.