Global Markets
Home›Global Markets›Trade & Tariffs›U.S. trade deficit widened in July as AI data center i…
U.S. trade deficit widened in July as AI data center imports rose
Imports increased on spending tied to data centers powering the AI boom, contributing to a rebound in the July deficit.
The U.S. trade deficit widened again in July, according to reporting by the New York Times.
The outlet said the rebound was driven by higher imports, with spending on data centers linked to the AI boom playing a central role.
← Newer storyOil extends gains for fourth straight day as diesel nears recordOlder story →Only 4 of 28 lifts at Queen Mary Hospital block to run normally
More like this
Sources
NYT BusinessU.S. Trade Gap Ballooned in July
NYT EconomyU.S. Trade Gap Ballooned in July