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US trade deficit rises in August
The U.S. trade deficit widened sharply in August to reach $105.6 billion, an increase of 13.7% from July, according to the U.S. Department of Commerce. This growth was driven by a 4.3% rise in imports and the effects of tariffs on imports. This is the highest level of deficit since March 2025, despite a roughly 20% decrease since the beginning of the year, which saw the deficit reduce to $138.2 billion. These developments reflect the impact of expanding the artificial intelligence sector and tariffs on U.S. trade.
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