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The Economic Times

Top News / The Economic Times

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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.

28 Aug 2026 12:41 am