NEW YORK – America’s trade deficit just widened to US$88.6 billion, its largest since March 2025 — and the political reflex in Washington is almost certain to be more, not fewer, tariffs and trade restrictions. The irony is that the number doesn’t mean what US President Donald Trump will likely claim. July’s spike reflects a […]The post The AI boom just blew a hole in Trump’s trade war appeared first on Asia Times.