The U.S. trade deficit in goods rose 3.5% in August to a record $82.9 billion, reflecting a sluggish rebound in exports that’s weighing on the broader economy and could slow the recovery from the coronavirus pandemic.
Economists polled by MarketWatch has forecast a small decline in the trade gap.
Imports of foreign goods such as autos and consumer goods climbed 3.1% in August to $201.3 billion and returned to pre-pandemic levels.
