US Trade Deficit Widens Amid Export Decline and Tariff Impact
TL;DR Summary
The US merchandise trade deficit widened unexpectedly in May due to a 5.2% drop in exports, the largest since the pandemic's start, while imports remained stable, potentially reducing trade's positive contribution to second-quarter GDP and reflecting ongoing impacts of tariffs and global economic shifts.
- US Merchandise-Trade Deficit Unexpectedly Widens on Export Drop Bloomberg.com
- US goods exports tumble by most since 2020 as Trump’s tariffs disrupt trade Financial Times
- U.S. trade deficits gets another tariff-related pop, but it's way down from a record high MarketWatch
- US goods trade deficit widens in May as exports fall MSN
- U.S. releases advance May goods trade, inventories data TradingView
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