money Ana Swanson

U.S. Trade Deficit Widens in May on Record Goods Imports

Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high, pushing the monthly trade deficit to its highest level in over a year.

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U.S. Trade Deficit Widens in May on Record Goods Imports
Source: Ana Swanson

U.S. Trade Deficit Widens in May on Record Goods Imports

Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high, pushing the monthly trade deficit to its highest level in over a year.

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