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Eckert Ziegler
CNBC Business • Jun 05, 2025
Trade deficit fell by a record amount in April as demand dropped for imports
In April, the trade gap narrowed significantly due to a decrease in import purchases, resulting in a substantial reduction of the overall imbalance to $61.6 billion.
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MarketWatch Top Stories • May 30, 2025
U.S. trade deficit in goods plummets in April, pointing to stronger second-quarter GDP
The substantial decline in imports during April contributed to a narrower trade gap, which may positively influence the overall economic growth for the United States in the upcomin...
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