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U.S. Goods Trade Deficit Hits $105.8B, Largest Since March

6/28/2026

Summary

Story summary

U.S. trade deficit in goods widened to $105.8 billion in May 2026, a 27.4% rise and the largest shortfall since March 2025.
May 2026 imports rose 3.6% to $313.4 billion, led by automotive and consumer supplies, while exports fell 5.4% to $207.7 billion, with consumer goods down 9.2%.
Carl Weinberg, chief economist at High Frequency Economics, warned the deficit could drag down real GDP growth unless AI-related equipment imports are offset by services exports.

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Story summary

U.S. trade deficit in goods widened to $105.8 billion in May 2026, a 27.4% rise and the largest shortfall since March 2025.
May 2026 imports rose 3.6% to $313.4 billion, led by automotive and consumer supplies, while exports fell 5.4% to $207.7 billion, with consumer goods down 9.2%.
Carl Weinberg, chief economist at High Frequency Economics, warned the deficit could drag down real GDP growth unless AI-related equipment imports are offset by services exports.