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US goods trade deficit widens 17% to $118.8 billion in July
The United States merchandise-trade deficit grew substantially in July. This shortfall reached its highest point since early last year. Inbound shipments of capital equipment saw a multi-decade surge, fueling the deficit. Goods imports climbed, while exports experienced a notable decline. The trade balance has fluctuated recently due to global demand and supply chain concerns.
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qz.com
U.S. goods trade deficit hit 16-month high in July 2026
Capital goods imports surged 11.3% as AI-driven equipment spending lifted total imports to $318.2 billion, while initial jobless claims fell to 203,000
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economictimes.indiatimes.com
US goods trade deficit widens 17% to $118.8 billion in July
The United States merchandise-trade deficit grew substantially in July. This shortfall reached its highest point since early last year. Inbound shipments of capital equipment saw…
