US: trade deficit lower than expected in April
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The American trade deficit worsened slightly in April, staring at about 37.4 billion dollars from 35.5 billion reported in March. In fact, the previous figure was revised from a preliminary 40.4 billion, against which there would have been an improvement in the last month.
The figure, announced by the Bureau of Economic Analysis (BEA) of the US Department of Commerce, is below the estimates of analysts who expected a major deficit of 41.3 billion dollars.
Exports of goods and services rose by 2.6 billion dollars to 182.8 billion dollars, while imports rose by 4.5 billion to 220.2 billion.