Exports, imports both plummet as U.S. trade deficit narrows

THE U.S. TRADE deficit in goods and services shrank to $50.8 billion in April as both exports and imports declined. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON
THE U.S. TRADE deficit in goods and services shrank to $50.8 billion in April as both exports and imports declined. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON
NEW YORK – The United States trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods. The deficit in goods and services shrank to $50.8 billion, nearly in line with economist estimates, from…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display