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US trade deficit widens in Jul. on soaring imports

US trade deficit widens in July on soaring imports
The U.S. trade deficit widened sharply in July as record inflows of capital and other goods boosted imports, a trend that if sustained could see trade subtracting from gross domestic product in the third quarter.
US Trade Gap Widens to Largest in Four Months on Import Flurry
The US trade deficit widened in July to a four-month high as companies raced to import goods and materials before President Donald Trump unveiled new tariffs on global trading partners.
US trade deficit widens in July with imports surge ahead of tariff deadline: reports
Data released by US Commerce Department's Bureau of Economic Analysis (BEA) on Wednesday local time showed that the US trade deficit widened to $78.3 billion in July, as imports surged, with the gap largely exceeding the revised $59.
US goods trade deficit widens sharply in July
The U.S. trade deficit in goods widened sharply in July as imports surged, suggesting trade could be a major drag on economic growth in the third quarter. The goods trade gap soared 22.1% to $103.6 billion last month,
US trade deficit widens more than expected in July
The USCommerce Department released a report on Thursday showing that the UStrade deficit enlarged to 78.3 billion USdollars in July, up
US trade deficit widens to largest in four months
US trade deficit widened in July to its highest level in four months, as businesses accelerated imports of goods and materials ahead of President Trum
U.S. Imports Rose in July Following Months of Trade Turmoil
Trade rebounded slightly after President Trump’s sweeping global tariffs discouraged foreign countries from doing business with the United States, data released Thursday showed.
US trade deficit widens to $78.3 billion in July
The US trade deficit surged to $78.3 billion in July, driven by a significant increase in imports of capital goods and industrial supplies.
Canada Trade Deficit C$4.937B In Jul
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Canada's trade deficit in July narrows as exports to the US rise
Canada's trade deficit narrowed in July as overall exports rose, especially driven by outbound shipments of crude oil and passenger cars to its biggest trading partner the United States, Statistics Canada said on Thursday.
Canada's trade deficit narrowed in July: What's behind the latest data?
The latest data from Statistics Canada shows the country's trade deficit narrowed in July, with exports ticking upward by 0.9 per cent after a sharp drop earlier in the year. CBC's Anis Heydari breaks down the latest data.
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US trade gap widest in 4 months as imports surged ahead of tariffs

The US trade deficit expanded more than expected in July to its widest in four months, government data showed Thursday, on a surge in imports before a fresh wave of President Donald Trump's tariffs ...