US trade deficit surges amid artificial intelligence spending boom | Business and Economy News
Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors.Published On 7 Jul 20267 Jul 2026The United States trade deficit has jumped to $77.6bn in May on rising imports, driven by goods that include pharmaceuticals, mobile phones and semiconductors.Imports ticked up...
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