Reported 1 day ago
In April, the U.S. goods trade deficit narrowed significantly by 46.0% to $87.6 billion, as imports plummeted by $68.4 billion. This drop in imports follows a surge in March driven by businesses attempting to avoid impending tariffs. Despite the reduction, uncertainties remain as tariff increases have been postponed, and legal rulings have impacted their implementation.
Source: YAHOO