Washington-Sana
The United States' trade deficit widened in May, as exports plunged to their lowest levels since 2009 due to the Corona virus pandemic, boosting expectations that the US economy will contract in the second quarter of the year at its strongest pace since the "Great Depression".
Reuters quoted the US Commerce Department as saying today that the trade deficit increased 9.7 percent to $ 54.6 billion, while economists had expected it to widen to $ 53 billion in May.
Exports fell 4.4 percent to $ 144.5 billion, the lowest level since November 2009.
