Heurist Finance

August US trade gap widens as imports defy tariff curbs

NYT · yesterday
  • The US trade deficit widened in August, according to Commerce Department data.
  • Imports grew in the month despite the Trump administration’s efforts to limit foreign products.
  • The report signals that current trade restrictions have not yet curbed import demand.

Quotes

“imports grew in the month, despite the Trump administration’s efforts to limit foreign products.”— NYT

Sources