U.S. Trade Deficit Widens Less Than Expected In August

U.S. Trade Deficit Widens Less Than Expected In August

Reflecting an increase in imports and a decrease in exports, the Commerce Department released a report on Friday showed the U.S. trade deficit widened in the month of August.

The Commerce Department said the trade deficit widened to $53.2 billion in August from a revised $50.0 billion in July.

Economists had expected the trade deficit to widen to $53.5 billion from the $50.1 billion originally reported for the previous month.

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