US Trade Deficit Widens to Highest Since March 2025 on Capital Goods

The US trade deficit in capital goods reached its highest level since March 2025, contrary to Bloomberg economist expectations of a reduction to $130.2 million. The widening suggests stronger import demand or weaker export competitiveness, potentially weighing on Q3 GDP growth. Uncertainty remains over whether this reflects front-loading ahead of tariff changes or structural shifts.

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