US Goods Trade Deficit Widens as Imports Reach Record on AI Demand
The US goods trade deficit widened as artificial-intelligence-related demand pushed imports to record levels.
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US Goods Trade Deficit Widens as Imports Reach Record High
The September goods trade deficit widened unexpectedly as imports surged to a record high, driven by demand for capital goods linked to the AI infrastructure buildout. The report said trade was a significant drag on third-quarter economic growth.