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U.S. trade deficit surged to a 14-month high as AI spending drove record imports

The goods and services gap hit $77.6 billion as capital goods imports reached a record and exports fell 3.2%

U.S. trade deficit surged to a 14-month high as AI spending drove record imports

Published July 8, 2026 · Category: Markets

Overview

The goods and services gap hit $77.6 billion as capital goods imports reached a record and exports fell 3.2%

Source

Originally published at qz.com.

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