Report
US goods trade deficit reportedly widened 11.5% to $132.6 billion in August
The Kobeissi Letter reports imports rose 5.5% to $336.1 billion, outpacing a 1.9% rise in exports.
TLDR
The Kobeissi Letter reports the US goods trade deficit widened by $13.7 billion in August to $132.6 billion, its widest gap since March 2025. Imports rose $17.4 billion, driven by a 16.6% increase in industrial supplies imports, including petroleum products. Exports rose $3.7 billion to $203.4 billion.
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