US trade deficit narrows: Trade gap halves in April; China tensions...

US trade deficit narrows: Trade gap halves in April; China tensions keep outlook uncertain

Postado

The US trade deficit dramatically narrowed in April to a two-year low, plummeting by over 55% due to President Trump's sweeping tariffs. Imports plunged 16.3%, particularly affecting consumer goods from China, where trade sharply slowed. While exports rose slightly, driven by industrial supplies, the future of trade deals remains uncertain amid ongoing tensions and accusations.

Read Full Article

Faça Login para curtir, compartilhar e comentar!