U.S. Trade Deficit Widens Sharply in May, Driven by Surge in Imports
07.07.2026, 16:00
The U.S. international trade deficit expanded significantly in May, reaching $77.6 billion, the largest figure in over a year. Imports surged, particularly in capital goods and consumer pharmaceuticals, which contributed to a 42% month-on-month increase in the deficit. This widening of the trade gap...