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.
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U.S. trade deficit widens 24.4% to $88.6B in July
U.S. trade deficit widened 24.4% to $88.6 billion in July as strong domestic demand boosted imports. The report says trade could remain a drag on third-quarter economic growth.
U.S. trade deficit widens to $88.6 billion in July
Commerce Department data shows the U.S. trade deficit widened significantly in July to $88.6 billion, reflecting a jump in imports and a slump in exports.