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Per Bloomberg TV: US trade gap widens to largest in four months on import flurry
"The US trade deficiet widened in July to a four-month high as companies raced to import goods and materials before President Donald Trump unveiled new tariffs on global trading partners.
The goods and services trade gap grew nearly 33% from the prior month to $73.3 gillion, Commerce Department data showed Thursday.
The value of imports increased 5.9% in July, the most since the start of the year, while exports edged up.
The surge in imports was driven by industrial supplies, which rose to the highest level in four months amid a surge in inbound shipments of gold."