US trade deficit surges amid artificial intelligence spending boom Post author:mck Post published:July 7, 2026 Post category:Blog Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors. You Might Also Like ‘Tax The Rich’ Protests Erupt Outside Jeff Bezos-Backed Met Gala 2026 May 5, 2026 PM Modi Speaks To Iran President, Pushes For Calm As US Strikes Tehran’s Nuclear Sites June 22, 2025 Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some June 12, 2026