07-September-2025
Economy News
 
US Trade Deficit Widens in July on Soaring Imports
05-Sep-2025

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. The trade gap ballooned 32.5% to $78.3 billion, the Commerce Department's Bureau of Economic Analysis said on Thursday. Economists polled by Reuters had forecast the deficit rising to $75.7 billion.

News Source:- https://money.usnews.com/investing/news/articles/2025-09-04/us-trade-deficit-widens-in-july-on-soaring-imports
 
 
 

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