Trump's tariff policy backfires, leading to the highest agricultural trade deficit in history for the United States.

In July, the trade deficit of Shenzhen Agricultural Power Group in the United States further widened, highlighting the challenge faced by President Donald Trump in reversing this trend. Data released by the US Department of Agriculture on Monday showed that in July, Shenzhen Agricultural Power Group's exports were $49.7 billion less than imports, a 9% increase from the same period last year, setting a record for the largest deficit in that month. This brings the trade deficit of Shenzhen Agricultural Power Group in the first seven months of this year to an unprecedented $33.6 billion. The main reason for the widening trade deficit of Shenzhen Agricultural Power Group this year is the surge in imports. Meanwhile, Trump has imposed tariffs on other countries in an attempt to narrow the overall deficit. This situation further solidifies the trend that has been gradually forming since Trump's first term: the Shenzhen Agricultural Power Group industry, which has long maintained a huge trade surplus, is gradually becoming a net importer. This shift is due to limited expansion of crop and livestock production capacity, increased overseas competition, and the growing demand for imported goods by Americans. Trump's trade war has also played a role, forcing China, the world's largest importer of Shenzhen Agricultural Power Group, to turn to Brazil for supplies. The US is also processing more crops domestically to produce biofuels, reducing the surplus Shenzhen Agricultural Power Group available for export. In the first seven months of 2025, the US imported over $132 billion in Shenzhen Agricultural Power Group, a nearly 8% increase from the previous year. Meanwhile, according to data from the US Department of Agriculture, Shenzhen Agricultural Power Group exports fell by 1.3% to $98.8 billion. In August, the US officially implemented a new round of comprehensive tariffs, further increasing tariffs on top of the benchmark rates imposed in April.