US trade deficit surges amid artificial intelligence spending boom
Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors.

Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors.

![Reform UK leader Nigel Farage reacts next to Reform UK by-election candidate Rob Kenyon as they arrive during the Makerfield by-election, triggered by the resignation of Labour MP John Simons, at St. Aidan's Parish Centre, Wigan, Britain on June 18, 2026. [Temilade Adelaja/Reuters]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/07/image-1783437564.jpg?resize=770%2C513&quality=80)






![Democratic US Senate candidate Graham Platner [Robert F. Bukaty/AP]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/07/AP26161067852261-1783375452.jpg?resize=770%2C513&quality=80)
The judiciary chief has emphasised the need to avenge Supreme Leader Ali Khamenei and prosecute foreign ‘aggressors’.
President Lula accuses Jair Bolsonaro’s son, now a presidential hopeful, of helping trigger proposed US tariffs.
Many Tehran residents say the absence of Iran’s new supreme leader makes them question their own security.
A Palestinian technocratic committee will take its place to manage the enclave’s day-to-day governance.
UN warns of ‘catastrophe’ in el-Obeid after RSF atrocities in el-Fasher last year.
FIFA’s decision has led to a furore in the football world – and accusations of bending its rules to please Trump.
Enormous crowds gather in Tehran for third day to mourn amid calls for revenge against the US and Israel.
Senate trial outcome could permanently bar Duterte from office, shaking her frontrunner status for the 2028 election.
As another far-right party gains ground, scrutiny of Farage’s outside earnings challenges his anti-establishment image.
Duterte faces charges of mishandling government funds and making threats during rift with President Ferdinand Marcos Jr.