US trade deficit widens sharply as AI-fueled capital goods imports hit record highs
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The US trade deficit has widened sharply, with capital goods imports reaching a record high. The increase in the trade deficit is reported to have occurred in May, with some outlets citing a 42% surge. The trade deficit is said to have reached $77.6 billion, although not all outlets provide this specific figure.
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