Rising imports, falling exports push US trade deficit to six-month high

Rising imports, falling exports push US trade deficit to six-month high

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The U.S. trade deficit widened by the most in eight years in April as imports of goods rebounded while exports of energy products declined, a trend that if sustained, could result in trade being a drag on economic growth in the second quarter. The trade deficit jumped 23.0% to $74.6 billion, the…

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