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  • US imports jumped nearly 11 percent in July, driving the trade gap up to $63.6 billion in the month, the Commerce Department reported Thursday, far more than economists had expected. American exports also rose in July, but far less than imports, contributing to the $10.1 billion jump in the overall deficit, according to the report. Big increases were seen in imports of vehicles, parts and engines, industrial supplies and consumer goods, and the trade deficits with China and Mexico increased sharply. hs/st
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  • US trade gap surges to $63.6 bn in July on jump in exports: govt
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