
U.S. Trade Deficit Jumps 24.4% in July as Record Capital Goods Imports Signal an AI-Driven Spending Surge
The U.S. trade deficit widened 24.4% to $88.6 billion in July 2026, driven by a record-setting surge in capital goods imports as American businesses accelerated spending on computers, semiconductors, and computing accessories tied to artificial intelligence infrastructure. The Commerce Department’s Bureau of Economic Analysis and Census Bureau released the data















