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US: International trade deficit widened to $72.1 billion in April from $71.9 billion in March

“The international trade deficit was $72.1 billion in April, up $0.2 billion from $71.9 billion in March,” the U.S. Census Bureau reported on Thursday.

Key takeaways from the press release

  • Exports of goods for April were $134.6 billion, $5.9 billion less than March exports.
  • Imports of goods for April were $206.7 billion, $5.6 billion less than March imports.
  • Wholesale inventories for April  were estimated at an end-of-month level of $674.5 billion, up 0.7%  from March 2019, and were up 7.4% from April 2018.  

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