Trump Tariff Deadline Spurs Asia Export Surge, Wider Trade Gaps

The US trade deficit with Asia is widening as importers stock up ahead of President Donald Trump’s “reciprocal” tariffs deadline.

Vietnam, Taiwan and Thailand all reported record exports to the US in May, according to data released in the past few weeks. South Korean shipments were near a record last month and look to have grown again in early June, data released on Monday showed.