Flash: US Trade deficit

Share on linkedin
Share on twitter
Share on facebook
Share on email
Share on print

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.

Regards

Jean-Paul Giacometti

About the Author(s):

Post Author

Your wealth matters.

Sign up to our Newsletter for updates on when we publish new insights.