International Economic

US trade deficit yawns wider in July amid jump in technology imports

By Alexander Bueso

Date: Wednesday 04 Sep 2024

(Sharecast News) - America's shortfall on trade with the rest of the world worsened as expected in July as outlays on imports surged.
According to the Department of Commerce, in seasonally adjusted terms the country's total trade deficit jumped by 7.9% month-on-month to reach -$78.8bn.

Economists had forecast -$79.0bn of...

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