AI Data Insight
The annualized quarter-over-quarter rate of US nominal services imports for the second quarter of 2026 reached 5.4%, expanding significantly from 3.0% in the first quarter, reflecting solid support from domestic demand. However, driven by a simultaneous surge in AI-related hardware and services imports, the overall trade deficit widened, resulting in US Q2 economic growth falling below market expectations. Looking ahead, close attention should be paid to the potential impact of tariff policies and a declining savings rate on future import momentum.