Last year I wrote several pieces about the potentially negative effect of Trump’s trade wars on companies, the agricultural sector, workers in every U.S. state, and on banks. Unfortunately, recent Gross Domestic Product data are now the negative effect of Trump’s multiple front trade war. Imports increased which exports decreased by over 5%; this increased the trade deficit he claimed that he wanted to decrease. Also worrisome is that business investment declined by 0.6 percent; this is the first such decline since the first quarter of 2016.