The Limited Times

Now you can see non-English news...

Sharp increase in the US merchandise trade deficit in March

2022-04-27T14:46:50.146Z


Washington, SANA- The US trade deficit in goods widened sharply in March, amid a significant increase in imports


Washington-Sana

The US trade deficit in goods widened sharply in March amid a surge in imports indicating that trade continued to put pressure on economic growth in the first quarter.

The US Commerce Department said in a statement today, reported by Reuters: The goods trade deficit jumped 17.8 percent to $125.3 billion.

Imports accelerated by 11.5 percent, outpacing the 7.2 percent increase in exports, while trade reduced GDP growth for six consecutive quarters, according to the ministry's statement.

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All business articles on 2022-04-27

You may like

News/Politics 2024-03-08T08:38:18.826Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.