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Flash: US Trade deficit

U.S. Trade Gap Widened to $31.2 Billion in March

By Siobhan Hughes

Washington, May 18 (Bloomberg) — The U.S. trade deficit widened in March on record imports of consumer goods and surging demand for foreign oil, the government said today. Exports fell.

Theoretically, a larger trade deficit would imply a weaker US$.  I still believe the US$ will significantly weaken only when both the oil prices and the US stock markets decrease.


Jean-Paul Giacometti


  • Claret
    Claret Asset Management specializes in offering portfolio management services to high net worth clients. We are completely independent and free of conflicts of interest. Claret was founded in 1996 with the objective of answering the growing needs of private investors.

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