Aug 31, 2018 07:11 PM
DAILY CHART
Chart of the Day: U.S. Trade Deficit Grows After Tariffs
The U.S. trade deficit in goods widened in July, as imports increased and exports declined amid escalating tensions with major trading partners.
The U.S. trade deficit in goods stood at $72.2 billion in July, reaching its highest level in five months, according to data from the U.S. Commerce Department’s Census Bureau. This reading was 6.3% higher than June, marking the biggest jump in two years.
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