Economy
US Trade Deficit Widens Sharply in May on Record Imports
The US trade deficit jumped 42.2% to $77.6 billion in May as goods imports hit a record $317 billion, driven by AI semiconductors and crude oil.
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The US trade deficit jumped 42.2% to $77.6 billion in May as goods imports hit a record $317 billion, driven by AI semiconductors and crude oil.