Reflecting an increase in imports and a reduction in exports, the Commerce Department launched a report on Friday showed the U.S. trade deficit expanded in the month of August.
The Commerce Department stated the trade deficit broadened to $53.2 billion in August from a modified $50.0 billion in July.
Financial experts had expected the trade deficit to widen to $53.5 billion from the $50.1 billion originally reported for the previous month.
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