United States: trade deficit widens in April to $74.6 billion

2023-06-07T12:52:36.058Z

Highlights: The goods and services deficit with the rest of the world reached $74.6 billion, up 23 percent from the previous month. Analysts' expectations of a deficit of $75.3 billion, according to the consensus published by briefing.com. The increase was driven by a combination of higher imports, particularly in the auto and raw materials sectors, and lower exports, the Commerce Department said. The U.S. trade deficit widened sharply in April, under the combined effect of an increase in imports, especially in the....

The trade deficit of the United States widened sharply in April, under the combined effect of an increase in imports, particularly in the...