Top
image credit: Pixabay

U.S. trade deficit widens slightly in March even as gap with China falls to three-year low

May 9, 2019

The numbers: The nation’s trade deficit rose slightly in March, but it continued to run below year-ago levels in a sign the gap might not weigh on the economy as heavily this year as it did in 2018. A chief reason: A smaller trade gap with China.

The trade deficit with China fell in March to the lowest level in three years, reflecting a decline in imports amid a festering trade dispute with the Trump White House.

Read More on Market Watch