May Trade Deficit Widens on Lower Exports
BY MT Newswires | ECONOMIC | 07/03/25 08:52 AM EDT08:52 AM EDT, 07/03/2025 (MT Newswires) -- The US international trade deficit widened to $71.52 billion in May from a revised $60.26 billion gap in April, a larger deficit than the $71.0 billion gap expected in a survey compiled by Bloomberg as of 7:30 am ET.
Exports fell in the month, while imports were slightly lower.
Exports of industrial supplies, capital goods, consumer goods and food and beverages declined, while exports of auto supplies slightly increased.
Imports of consumer goods, industrial supplies and food and beverages fell, while imports of auto supplies and capital goods increased.
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