U.S. trade deficit hits record $75.7B in June

THE UNITED STATES trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging. / AP FILE PHOTO/WILFREDO LEE
WASHINGTON (AP) – The United States trade deficit increased to a record $75.7 billion in June as a rebounding American economy sent demand for imports surging. The Commerce Department reported Thursday that the deficit rose 6.7% from a revised May deficit of $71 billion. The June deficit set a record, topping the old mark of…

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