US Trade Deficit Reaches $106 Billion in August

The US trade deficit rose to $106 billion in August, exceeding expectations, according to a Commerce Department report released on Tuesday.

The report showed a wider gap between the value of goods and services the United States bought from abroad and those it sold overseas.

The increase was larger than anticipated, though the available summary did not specify the forecast or provide a comparison with the previous month.

The summary also did not include a breakdown of imports and exports, leaving unclear which trade flows drove the widening deficit.