Trade Deficit Surges: Is the Economy Slowing?

U.S. trade deficit explodes! Imports surge, dwarfing exports, widening the gap to a staggering $103.6 billion in July. After a Q2 boost from shrinking deficits, experts fear this import surge could slam the brakes on economic growth in Q3, potentially dragging down overall GDP. Is this a temporary blip or a sign of economic headwinds to come? Hosted on Acast. See acast.com/privacy for more information.