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US trade deficit widens as imports jump before tariff deadline

By Benjamin Chiou

Date: Friday 29 Aug 2025

(Sharecast News) - America's trade deficit widened much more than expected in July to its highest in four months, as purchasing managers shipped products into the country to get ahead of the tariff deadline.
The goods trade balance was -$103.6bn last month, some 22.1% bigger than the previous month's $84.9bn, the...

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