US trade deficit grows to $88.6 billion

The U.S. trade deficit grew to $88.6 billion in July, rising to its highest level in more than a year, according to new data released Thursday by the Commerce Department. The flow of goods and services out of the U.S. increased by $17.4 billion, ticking up from $71.2 billion in June. It marks the largest...

The U.S. trade deficit grew to $88.6 billion in July, rising to its highest level in more than a year, according to new data released Thursday by the Commerce Department. The flow of goods and services out of the U.S. increased by $17.4 billion, ticking up from $71.2 billion in June. It marks the largest...