The U.S. trade deficit increased to $88.6 billion in July, reaching its highest level in over a year, according to data released on September 3, 2026, by the Commerce Department. The outflow of goods and services from the U.S. rose by $17.4 billion, up from $71.2 billion in June.
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U.S. Trade Deficit Increases to $88.6 Billion in July
In July, the U.S. trade deficit rose to $88.6 billion, the highest level in more than a year. This increase was attributed to a $17.4 billion rise in the flow of goods and services out of the country compared to June.
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US trade deficit grows to $88.6B
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U.S. Trade Deficit Increases to $88.6 Billion in July