THE U.S. TRADE DEFICIT increased 9.5 percent to $50.1 billion in July. / BLOOMBERG NEWS
NEW YORK - The United States trade deficit widened in July by the most in three years and the gap with China hit a record as the Trump administration imposed tariffs on a range of Chinese goods, prompting retaliatory levies from Beijing. The gap increased 9.5 percent to $50.1 billion, the biggest since February, from a…