A stronger dollar and international turmoil are weighing on overseas consumers, meaning trade is unlikely to provide much support to the U.S expansion this year.
The U.S. trade gap widened 2.9% to a seasonally adjusted $41.87 billion in May, the Commerce Department said Tuesday. The widening reflected a continuation of a downward trend in exports and stable demand for imports, outside of oil.
The latest figures offer a clearer…
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