The advance US trade deficit in goods widened modestly last month, revealed data on Thursday, ahead of October’s high-level talks between Washington and Beijing.
The gap grew to $72.8bn in August, up $400m from the previous month, the Commerce Department said. That was however narrower than the $73.4bn deficit economists had predicted, according to a Bloomberg survey.
The report showed exports of goods for the month were $137.8bn, up $200m from July, while imports of goods stood at $210.6bn, a rise of $500m over the same period.
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