U.S. trade deficit hit $78.8 billion in July, largest since June 2022

According to Odaily Planet Daily, market news showed that the U.S. trade account in July was -78.8 billion U.S. dollars, which was expected to be -79 billion U.S. dollars. The previous value was revised from -73.1 billion U.S. dollars to -73 billion U.S. dollars.

It is reported that the U.S. trade account recorded a -78.8 billion U.S. dollars in July, the largest deficit since June 2022.