The US trade deficit narrowed to $59.6 billion in August 2025 from $78.2 billion in July, compared to forecasts of a $61 billion gap. Imports tumbled 5.1% to $340.4 billion, led by a $9.3 billion fall in nonmonetary gold. Other declines were registered in purchases of foods, feeds, and beverages; computer accessories; telecommunications equipment; jewelry; and transport. On the other hand, increases were seen for computers; pharmaceutical preparations; telecommunications, computer, and information services; and travel. Meanwhile, exports edged up 0.1% to $280.8 billion led by computers, crude oil, travel, maintenance and repair services, and charges for the use of intellectual property. In contrast, a decline was seen in sales for pharmaceutical preparations, nonmonetary gold, and autos. Among the largest trading partners, the deficit with China widened slightly, the gap with Mexico was little changed and the one with Vietnam, Taiwan and the EU declined.