U.S. Trade Deficit Widened in May as Both Exports, Imports Fell

07/02/2020

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Harriet Torry | The Wall Street Journal

WASHINGTON—The U.S. trade deficit widened in May as both exports and imports declined amid weak global demand caused by continued coronavirus-related disruptions.

The foreign-trade gap in goods and services expanded 9.7% from the prior month to a seasonally adjusted $54.6 billion in May, the Commerce Department said Thursday.

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