With tariffs and trade wars now dinner conversation the US April trade deficit has been a hot topic. In April the US had a $46.2 billion deficit lower than the $49.0 billion expected and previous $50.0 billion. The deficit with China rose over $2 billion.
With tariffs and trade wars now dinner conversation the US April trade deficit has been a hot topic. In April the US had a $46.2 billion deficit lower than the $49.0 billion expected and previous $50.0 billion. The deficit with China rose over $2 billion.
Highlights
- Exports +0.3% vs +2.2% prior
- Imports -0.2% vs -1.4% prior
- Goods deficit $68.27 billion
- Services surplus -$22.07 billion
- US China deficit $27.96 billion versus $25.88 billion in March
- US-OPEC deficit $3.24 billion vs $768B prior
- Jan-April deficit $201.8B vs $181.0B a year ago
From The Traders Community News Desk