Trade Deficit Surges As Businesses Restock
By wchung | 16 Jun, 2026
The U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products as businesses restocked their shelves in hopes of a pickup in consumer demand.
The politically sensitive deficit with China climbed to an all-time high, a development that was certain to increase pressure on the Obama administration to take a tougher line on trade issues including China’s tightly controlled currency.
The Commerce Department says the deficit in August increased 8.8 percent to $46.3 billion. Exports edged up a slight 0.2 percent but this increase was swamped by a 2.1 percent jump in imports.
MARTIN CRUTSINGER, AP Economics Writer WASHINGTON
© 2026 by Asian Media Group Inc.
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