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US trade deficit widens sharply to $88.6 billion in July

United StatesIndia
First seen: Sep 4, 2026, 4:32 PM UTCUpdated: Sep 4, 2026, 4:32 PM UTC

The US trade deficit increased 24.4% in July to $88.6 billion, including a $5 billion goods gap with India.

A sharp external-balance deterioration can affect trade policy, currencies and broader economic conditions.

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