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Trade gap shrinks by 3.6% to US$40.4b

Exports grow by most in nine months in March

[WASHINGTON] The US trade deficit narrowed in March as exports grew by the most in nine months, another signal that growth was poised to pick up. The gap shrank by 3.6 per cent to US$40.4 billion from the prior month's US$41.9 billion, Commerce Department figures showed yesterday in Washington.