Economic TimesLean R·
US trade gap in July hits biggest in a year
Washington: The US trade deficit in July widened to its largest since March 2025, government data showed Thursday, as imports climbed on the back of the booming AI tech build-out.US trade has seen wide fluctuations since President Donald Trump returned to the White House last year and rolled out sweeping tariffs on allies and competitors, in efforts to narrow the trade gap.But the trade deficit in the world's biggest economy grew to $88.6 billion in July -- a 24.4 percent increase from the mont…
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