US trade deficit grows to $41.1 bn in May
The US trade deficit grew more than
expected in May as imports jumped and exports fell, and the gap with
China widened sharply, government data released Wednesday showed.
The country’s chronically deficit trade
balance with the rest of the world climbed 10.1 percent in May to a
seasonally adjusted $41.1 billion. Analysts had expected a smaller 7.0
percent rise from April.
Post a Comment