Tag Archives for " U.S. trade deficit surged in August "

U.S. trade deficit jumps to largest in 14 years in August | Reuters

U.S. trade deficit jumps to largest in 14 years in August | Reuters 1(Reuters) – The U.S. trade deficit surged in August to the largest in 14 years with imports climbing again, suggesting that trade could be a drag on economic growth in the third quarter.

The Commerce Department said on Tuesday the trade deficit jumped 5.9% to $67.1 billion, the widest since August 2006.

Source: U.S. trade deficit jumps to largest in 14 years in August | Reuters