U.S. July trade deficit widens to $88.6 billion, largest since March 2025
The Commerce Department reported the U.S. trade deficit widened significantly in July to $88.6 billion, reflecting a jump in imports and a slump in exports.
WASHINGTON (dpa-AFX) - Reflecting a jump in imports and a slump in exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened significantly in the month of July.The Commerce Department said the trade deficit surged to $88.6 billion in July from a revised…