Financial News: U.S. Trade Deficit Widens More Than Expected In

U.S. Trade Deficit Widens More Than Expected In July

09/03/2026 - 08:37:00 (RTTNews)

(RTTNews) - Reflecting a jump in imports and a slump in exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened significantly in the month of July.

The Commerce Department said the trade deficit surged to $88.6 billion in July from a revised $71.2 billion in June.

Economists had expected the trade deficit to increase to $83.0 billion from the $73.3 billion originally reported for the previous month.

The wider trade deficit came as the value of imports shot up by 2.8 percent to $399.3 billion, while the value of exports tumbled by 2.1 percent to $310.7 billion.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Cyprus Inflation Highest Since September 2023 (07 min(s), 42 sec(s) ago)
(RTTNews) - Cyprus' consumer price inflation accelerated in August to the highest level in nea ...Full Story»

UK Services Activity Growth Accelerates (26 min(s), 42 sec(s) ago)
(RTTNews) - The UK services activity grew at the fastest pace in four months in August reflecting ...Full Story»

Turkey Inflation Eases To 5-month Low In August (28 min(s), 42 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation moderated slightly in August to the lowest level ...Full Story»

U.S. Labor Productivity Jumps By 1.4% In Q2, Unrevised From Preliminary Estimate (55 min(s), 42 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed the increase in U.S. labo ...Full Story»

U.S. Trade Deficit Widens More Than Expected In July (01 hr(s), 01 min(s), 42 sec(s) ago)
(RTTNews) - Reflecting a jump in imports and a slump in exports, the Commerce Department released ...Full Story»

U.S. Weekly Jobless Claims Inch Up To 206,000 (01 hr(s), 03 min(s), 42 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits crept slightly higher in the week end ...Full Story»

Austria GDP Shrinks 0.1% In Q2 (01 hr(s), 56 min(s), 42 sec(s) ago)
(RTTNews) - The Austrian economy marked a renewed contraction in the second quarter, revised from ...Full Story»

Malaysia Central Bank Keeps Rate Steady (02 hr(s), 41 min(s), 42 sec(s) ago)
(RTTNews) - Malaysia's central bank retained its key interest rate for the seventh straight po ...Full Story»