The US trade gap widened sharply to $78.3 billion in July 2025, the highest in four months, compared to a revised $59.1 billion gap in June and forecasts for a $75.7 billion shortfall. Exports rose a meagre 0.3% to $280.5 billion, led by nonmonetary gold, computer accessories, civilian aircraft, trucks, buses, and special purpose vehicles, charges for the use of intellectual property and government goods and services. Meanwhile, imports jumped 5.9% to 358.8 billion, led by purchases of nonmonetary gold, computers, telecommunications equipment, jewellery and transport.