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.