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Economy

US Trade Gap Widens to Largest Since Early 2025 on AI Push

Bloomberg · The Hill

The US trade deficit widened sharply in July to the highest level since early 2025, reaching $88.6 billion according to the Commerce Department, driven by a major increase in technology and computer equipment imports.

  • US trade deficit widened sharply in July to reach its largest gap since early 2025.
  • Surge in imports of computers and technology equipment fueled the widening deficit.
  • U.S. trade deficit grew to $88.6 billion in July, reaching its highest mark in over a year.

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