---
title: "The U.S. trade deficit in July widened to $78 billion, the largest in two years"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/213444793.md"
description: "The trade deficit in the United States expanded to $78 billion in July, a year-on-year increase of 7.9%. According to data from the U.S. Department of Commerce, the total value of goods and services imports reached the highest level since March 2022. The non-inflation-adjusted deficit is $97.6 billion, which may have a negative impact on GDP in the third quarter, with a forecasted reduction in growth of 0.35%. The main reason for the trade deficit is the surge in goods imports, as businesses and retailers increase stocking ahead of the upcoming holidays, driving up port freight volumes"
datetime: "2024-09-04T13:42:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/213444793.md)
  - [en](https://longbridge.com/en/news/213444793.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/213444793.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/213444793.md) | [English](https://longbridge.com/en/news/213444793.md)


# The U.S. trade deficit in July widened to $78 billion, the largest in two years

The data released by the U.S. Department of Commerce on Wednesday showed that **the U.S. trade deficit in goods and services in July increased by 7.9% month-on-month, reaching $78.8 billion.**

Unadjusted for inflation, the total value of U.S. imports of goods and services in July increased by 2.1%, reaching the highest level since March 2022. Imports covered a wide range of goods, including industrial products, capital goods, and consumer goods.

After adjusting for inflation, the U.S. trade deficit in goods in July expanded to $97.6 billion, the highest level since June 2022.

The continuously expanding trade deficit indicates that following the drag on GDP from trade in the second quarter, **trade may once again have a negative impact on GDP in the third quarter.** The Atlanta Federal Reserve's GDPNow forecast shows that trade will reduce U.S. third-quarter GDP growth by 0.35%.

**The main reason for the expansion of the U.S. trade deficit is the surge in goods imports.** It is reported that U.S. companies may face a strike by dockworkers on the East Coast and Gulf Coast at the end of this month, prompting businesses to increase their inventory levels in preparation for a possible strike. At the same time, U.S. retailers are also stocking up for the holiday shopping season. This has led to a surge in maritime traffic on the U.S. West Coast, with the cargo volume at the ports of Los Angeles and Long Beach, which account for about one-third of U.S. container imports, reaching a historic third in July

## 相關資訊與研究

- [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/zh-HK/news/281345615.md)
- [BUZZ-Rosenblatt says finding partner for Snap's smart glasses unit tough](https://longbridge.com/zh-HK/news/281357569.md)
- [BUZZ-Street View: Nike's turnaround remains work in progress](https://longbridge.com/zh-HK/news/281331333.md)
- [GRAPHIC-Apple's 50-year journey from garage to tech titan](https://longbridge.com/zh-HK/news/281342951.md)
- [3 Best Tech Stocks Rated 'Strong Buy' for April 2026: 50%+ Upside](https://longbridge.com/zh-HK/news/281347354.md)