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The Nexus
BUSINESSJul 8 · 12:10 UTCQUARTZCris Tolomia

The U.S. trade deficit surged to a 14-month high as AI spending drove record imports

The U.S. trade deficit reached a 14-month high driven by increased imports linked to AI data center construction. Components required for AI infrastructure expansion are primarily sourced from abroad, contributing to the surge in import demand.

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