04/18/2024

U.S. Trade Gap Widened in January

WASHINGTON—The U.S. trade deficit widened in January as both exports and imports decreased, indicating slower global economic growth remains a strain on the domestic economy.

The trade gap expanded 2.2% from the prior month to a seasonally adjusted $45.68 billion, the Commerce Department said Friday. That was wider than the deficit of $44.0…

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