08-July-2026
Economy News
 
US May Trade Deficit Widens as Capital Goods Imports Hit Record High
08-Jul-2026

The U.S. trade deficit widened sharply in May as imports of capital goods surged to a record high, suggesting that trade remained a drag on gross domestic product in the second quarter.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-07/us-trade-deficit-widens-sharply-in-may-as-capital-goods-imports-hit-record-high