U.S. Trade Deficit Reaches 3-Year High
This article was originally published on ETFTrends.com.
The U.S. trade deficit widened in July, effectively reaching its highest gap in the past three years. The Commerce Department reported that the trade gap jumped for the second straight month by 9.5% to $50.1 billion, while the June data was revised to show the trade deficit rose to $45.7 billion versus the initial reporting of [...]