US goods trade deficit widens to $105 billion in May
US oil exports hit record levels in April as the Iran war severely disrupted Middle East trade. (Mark Felix/Bloomberg) June 26, 2026 9:41 am, EDT key takeaways: The U.S. merchandise trade deficit widened 27.4% to $105.8 billion in May, the largest decline in more than a year. Exports fell 5.4% while imports rose 3.6%, with