United States: the trade deficit at a record level in March

The US trade deficit widened more than expected in March, rising to a record high, as buoyant domestic demand prompted a jump in imports.

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The goods and services deficit with the rest of the world amounted to 109.8 billion dollars, an increase of 22.3% compared to February.

This is much more than the 97.5 billion expected by analysts.

Imports and exports also reached a record level, at 351.5 billion (+10.3%) and 241.7 billion (+5.6%), respectively.