Monday, July 20
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Topic: balance-of-payments

Aerial view of shipping containers and cranes at Tacoma's container port
Economy
Monday, 7/20, 04:16 AM

What a trade deficit actually measures, and what it does not

  • The US goods and services deficit was $77.6 billion in May 2026, a 42% jump in one month.
  • Year to date it is down 40.6% against 2025.
  • Both numbers are correct, which is the first clue that the trade balance is a harder statistic to read than headlines suggest.

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