Flash: US Trade deficit

In the News

U.S. Trade Gap Widened to $31.2 Billion in March

By Siobhan Hughes

Washington, May 18 (Bloomberg) -- The U.S. trade deficit widened in March on record imports of consumer goods and surging demand for foreign oil, the government said today. Exports fell.

Theoretically, a larger trade deficit would imply a weaker US$.  I still believe the US$ will significantly weaken only when both the oil prices and the US stock markets decrease.


Jean-Paul Giacometti