U.S. trade deficit in 7 rose 24.4% month-over-month to $2 billion

Data released by the U.S. Department of Commerce on 9 3 shows that, driven by a decline in exports and a rise in imports, the U.S. trade deficit in goods and services for 7 increased by 24.4% to $4 billion month-over-month, reaching its highest level in over a year.