You are here

LATEST US DATA

Trade deficit explodes to 6-year high

While exports also rose, increase was swamped by surge in imports, a sign that global demand remains weak

Washington

THE US trade deficit widened in March to the highest level in more than six years, fuelled by a record surge in imports as commercial activity resumed at West Coast ports following a resolution to labour disputes.

The gap increased 43.1 per cent, the biggest jump in 18

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom