The US trade deficit rose for the third straight month in August, up 6.2% to US$53.2bn, fuelled by a fall in exports, according to new data from the Department of Commerce.
Overall the US — which is currently engaged in a trade war with superpower China — experienced a 0.8% fall in exports to $209.4bn. Imports grew 0.6% to $262.7bn.
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For the year to date, the country’s total trade deficit has widened by 8.6% to $53.2bn from 2017, with the biggest jumps from Japan, South Korea, and Mexico.
In apparel and textiles, imports fell for August to $4.1bn compared with $4bn a month earlier.
Imports of finished textile supplies fell to $460m from $469m. Imports of textile, yarn and fabrics were flat at $2.7bn.
Exports of apparel and textile products saw nominal or no rises, while finished textile exports were flat at US$264m for August.
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By GlobalDataExports of textile, yarn and fabrics were up $0.1m on July, and raw cotton exports fell US$67m on July to US$673m.
