The numbers: The U.S. trade deficit in goods widened 6.3% to $102.7 billion in July, according to the Commerce Department’s advanced estimate released Thursday. That’s the largest deficit since May 2022. Economists polled by Econoday were looking for the deficit to widen to a $98 billion deficit from last month’s $96.6 billion gap.

The U.S. trade deficit increased to its largest in over two years in the month of July, according to a report released by the

The U.S. trade deficit increased to its largest in over two years in the month of July, according to a report released by the