U.S. Trade Deficit Widened to $88.6 Billion in July 2026

The U.S. goods and services deficit increased by $17.4 billion to $88.6 billion in July, up from a revised $71.2 billion in June. This rise was driven by a $10.8 billion increase in imports to $399.3 billion and a $6.6 billion decrease in exports to $310.7 billion.