U.S. trade gap hits six-month high as soybean exports plunge 28%

Andrew Mayeda

10/05/2018

THE UNITED STATES trade deficit trade increased 6.4 percent to $53.2 billion in August. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

NEW YORK - The United States trade deficit widened in August to the biggest in six months as soybean exports plunged and a measure of the gap with China hit a record, showing how the Trump administration’s trade war is dragging on economic growth. The gap in goods and services trade increased 6.4 percent to…

Register to keep reading or subscribe today and receive unlimited access.
Already a Subscriber?

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.