US Trade Deficit Increased $1.8 Billion in August

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The US trade deficit increased $1.8 billion (4%) to $44.2 billion in August. This steep increase was caused by a slower increase of exports compared to imports, though both increased for every country except France, which had reduced imports to the US. The trade deficit with China shrank $687 million to $28.7 billion.

For more information, see our Trade Balance Report.

–From the St. Louis Federal Reserve

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