2025.09.0412:37:08UTC+00US Trade Gap Widens to 4-Month High

The United States experienced a significant increase in its trade deficit, which expanded to $78.3 billion in July 2025, marking the highest level in four months. This increase follows a revised trade gap of $59.1 billion in June and exceeds the projected deficit of $75.7 billion. Export activities saw a modest rise of 0.3%, reaching $280.5 billion. This growth was driven primarily by nonmonetary gold, computer accessories, civilian aircraft, trucks and buses, intellectual property charges, and government goods and services. However, there was a downturn in the export of finished metal shapes and excavating machinery. Meanwhile, imports surged by 5.9%, totaling $358.8 billion, fueled by strong demand for nonmonetary gold, computers, telecommunications equipment, jewelry, and transport commodities. Conversely, imports of pharmaceutical preparations, semiconductors, trucks and buses, special-purpose vehicles, and passenger cars saw a decline. The largest trade deficits were recorded with Mexico ($16.6 billion), Vietnam ($16.1 billion), China ($14.7 billion), and Taiwan ($13.5 billion). Additionally, the U.S. experienced trade deficits of $8.6 billion with the European Union, $5.5 billion with India, and $5.4 billion with Canada.