Rising imports, falling exports push US trade deficit to six-month high

The US trade deficit widened by the most in eight years in April as imports of goods rebounded while exports of energy products declined, a trend that if sustained, could result in trade being a drag on economic growth in the second quarter. Exports of goods plunged 5.3%, the most in three years, to $167.1 billion. That was the lowest level since February 2022. https://ift.tt/2sy96QH