The U.S. trade deficit widened in March to a new record, surpassing expectations.

Imports surged in the month ahead of President Trump’s tariffs, contributing to the gap.

The trade gap hit $74.4 billion, up 5.6% from February’s $70.5 billion deficit.

This marks the highest level since the government began tracking the data in 1992.

The deficit with China, a key target of Trump’s trade policies, also increased.

The ongoing trade tensions between the U.S. and China have impacted the deficit.

Analysts predict the deficit will continue to rise as the tariffs take effect.

The Trump administration aims to reduce the trade gap through its protectionist policies.

The impact of these tariffs on the global economy remains uncertain.