BUSINESS US trade deficit widens in May

BUSINESS

US trade deficit widens in May

Xinhua

22:17, July 03, 2019

WASHINGTON, July 3 (Xinhua) -- The US trade deficit widened to 55.5 billion US dollars in May, up 4.3 billion dollars from the revised April reading of 51.2 billion dollars, the US Department of Commerce said Wednesday.

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(Photo: VCG)

US exports in May increased to 210.6 billion dollars, 4.2 billion dollars more than in April, while imports rose to 266.2 billion dollars, up 8.5 billion dollars from the previous month, the department said.

Year-over-year, the goods and services deficit increased 15.7 billion dollars, or 6.4 percent, from the same period in 2018.

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