US trade deficit widened in August to $54.9 billion

The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased…

The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased more. The politically sensitive gap with China in the trade of goods narrowed. The Commerce Department said Friday that the gap between what the United buys and what it sells abroad rose 1.6% to $54.9 billion from $54 billion in July. The deficit had fallen in June and July.

Follow the live information on our channel