» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 42 | NO. 17 | Friday, April 27, 2018

Record exports cut US trade deficit to $49 billion

Print | Front Page | Email this story

WASHINGTON (AP) — Record exports trimmed the U.S. trade deficit in March for the first time in seven months.

The Commerce Department says the trade gap slid to $49 billion, down from $57.7 billion in February and lowest since September.

Exports rose in March to a record $208.5 billion, led by shipments of civilian aircraft and soybeans. Imports slipped 1.8 percent to $257.5 billion.

President Donald Trump has vowed to bring down America's massive deficits, which he blames on bad trade agreements and abusive practices by U.S. trading partners.

Top administration officials are visiting Beijing this week for talks aimed at reducing America's huge trade deficit in goods with China, which fell 11.6 percent in March to $25.9 billion.

So far this year, the trade gap is up 18.5 percent to $163.4 billion.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0