AI Data Insight
The latest data shows that the U.S. trade deficit with China further narrowed to $30.428 billion in the first quarter of 2026, continuing its decline from the previous $31.727 billion. Driven by U.S. tariff policies and the "de-Sinicization" of supply chains, China has fallen out of the top three sources of the U.S. trade deficit. Market focus is now shifting to the scrutiny of entrepôt trade in Southeast Asia and Mexico.