Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high, pushing the monthly trade deficit to its highest level in over a year.
<iframe src="https://statesidedaily.com/embed/cluster/260f295768bda92b761514feeef331a1e5e885ab" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="U.S. Trade Deficit Widens in May on Record Goods Imports"></iframe>
Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high, pushing the monthly trade deficit to its highest level in over a year.