Jun 8, 2023

‘Worsening’ Trade Could Adversely Affect US GDP as Deficit Jumps to Highest Level in Six Months

The U.S. trade deficit rose in April to widen to a six-month high, potentially affecting second-quarter GDP growth. The trade deficit for April 2023 rose by $14 billion, to $74.6 billion, according to a June 7 news release from the ...