BREAKING: The US goods trade deficit widened by -$13.7 billion, or +11.5%, in August, to -$132.6 billion, its widest gap since March 2025. US goods imports surged +$17.4 billion, +5.5%, to $336.1 billion, the highest since March 2025. This was driven by a +16.6% increase in imp

BREAKING: The US goods trade deficit widened by -$13.7 billion, or +11.5%, in August, to -$132.6 billion, its widest gap since March 2025. US goods imports surged +$17.4 billion, +5.5%, to $336.1 billion, the highest since March 2025. This was driven by a +16.6% increase in imports of industrial supplies, including petroleum products. Imports of capital goods, which include computers and accessories, semiconductors, and telecommunications equipment, also increased, reflecting continued demand for AI-related equipment. At the same time, US goods exports rose +$3.7 billion, or +1.9%, to $203.4 billion, supported by larger shipments of industrial supplies. The US trade deficit is widening as the Iran War boosts demand for petroleum products, while American companies stockpile goods and materials to mitigate supply-chain disruptions.