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The United States ran up a record...

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The United States ran up a record $41.1-billion trade deficit in goods and services between April and June, a Commerce Department report said. The deficit rose mainly because imports of goods and services rose $5.5 billion, while exports gained just $1 billion, the report said. Analysts regarded the news as continuing trouble for a nation that spends more than it earns and must rely on foreigners to make up the difference. The report means that the country’s current account deficit is running about $11.1 billion ahead of the same point last year and that the nation owes more to foreigners than ever. Last year, the U.S. net international investment deficit hit a record $263.6 billion.

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