WASHINGTON—The U.S. trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the trade dispute with China, Commerce Department data showed Thursday. The goods trade gap with China widened to a record.
The gap increased 1.7 percent to $55.5 billion, from a revised $54.6 billion in the prior month. Imports of all goods and services rose to a record, while exports were little changed. Overall exports came in at $211 billion after $211.4 billion the prior month. That included record shipments of petroleum, industrial materials and consumer goods.