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The Trade Deficit Just Blew Out to $77.6 Billion. Are the Tariffs Even Working?

By

Omor Ibne Ehsan

1h agoen

Source

24/7 Wall St.The Trade Deficit Just Blew Out to $77.6 Billion. Are the Tariffs Even Working?247wallst.com
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The May U.S. trade deficit came in at negative $77.6 billion, a jarring jump from April’s negative $54 billion and the widest monthly gap since March 2025. CNBC’s Rick Santelli walked through the number on air July 7, 2026, noting it landed close to the roughly $80 billion economists penciled in. Close to consensus, sure. ... The Trade Deficit Just Blew Out to $77.6 Billion. Are the Tariffs Even Working?

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