The U.S. trade deficit in goods in August widened to a seasonally adjusted $75.8 billion, according to a preliminary report released by the Census Bureau that excludes services.
Exports fell 1.6% while imports rose 0.7% in what looks to be the worst showing since February.
Retail inventories rose 0.8% and wholesale inventories increased 0.7%.
While the widening trade gap should reduce third-quarter GDP, the increase in inventories may offset that.
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