US trade deficit grows to $44.5 bn in June

The US trade deficit grew 8.7 percent in June to a seasonally adjusted $44.5 billionThe US trade deficit grew more than expected in June as imports jumped and the gap with China continued to widen, government data released Friday showed. The country’s trade deficit with the rest of the world climbed 8.7 percent in June to a seasonally adjusted $44.5 billion. The figures mark the third straight month the deficit has grown, weighing on US growth and possibly fueling the arguments of Republican presidential candidate Donald Trump for protectionist policies.

Share this article