The trade gap expanded slightly to $65 billion in July, but was narrower than economists’ expectations.
Photo: Richard Vogel/Associated PressThe U.S. trade deficit has been narrowing, and that has been a plus for the U.S. economy.
But it is still far wider than it was before the pandemic hit.
Odds are that it is going to stay that way for a while.
Persons:
Richard Vogel
Organizations:
Associated Press
Locations:
U.S