Tag Archives: CARES Act

US International Trade Deficit Soars in April to $50 Billion

The US  international trade deficit in goods and services increased to $49.4 billion in April from $42.3 billion in, as exports and imports saw their largest monthly declines in history. It is the latest indicator that economy is struggling during the COVID-19 crisis according to Commerce Department data. The bad news increases if you consider the unemployment crisis. Continue reading

Posted in economy, news analysis, people, results | Tagged , , , , , , | Leave a comment