Walter BloombergFinance

U.S. TRADE DEFICIT WIDENS SHARPLY The U.S. goods trade deficit widened to $105.8B in May, far worse than the $85B expected. Imports jumped…

U.S. TRADE DEFICIT WIDENS SHARPLY The U.S. goods trade deficit widened to $105.8B in May, far worse than the $85B expected. Imports jumped 3.6% while exports fell 5.4%. Wholesale inventories rose 0.3%, below forecasts, while retail inventories increased 0.6%, slightly above expectations.
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