US trade deficit widens in February

US trade deficit widens in February
 

America's trade deficit widened in February as its international trade hit a monthly record.
The deficit was $57.6bn - the largest monthly gap between exports and imports of goods and services since 2008, the US Commerce Department said.
The figures come as President Donald Trump tries a variety of tactics to reset the balance between US imports and exports.
The deficit was larger than analysts predicted, as imports of services rose.
That reflected payments made to broadcast the 2018 Olympic Games, the Commerce Department said.
Overall, February imports were $262bn, rising 1.7% from January... read more

 
5 April 2018 in Business, Views: 51
Source: BBC
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