US trade gap in July hits biggest in over a year on AI buildout
Americas2 sources2 countries🔦 Under-reported23m ago
According to government data released on Thursday, the US trade deficit widened in July to its largest level since March 2025. The expansion was driven by rising imports, which were fueled by the ongoing boom in the artificial intelligence technology buildout.
In addition to the overall widening of the trade gap, US trade deficits with Mexico, Thailand, South Korea, and Malaysia reached record highs during the same monthly period.
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Free Malaysia Today (MY)Highlights specific record-high trade gaps with individual partner nations including Malaysia.