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5/4, 2:31 PM (Source: TeleTrader)
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US trade deficit rises to $74.4B in March

United States trade deficit landed at $74.4 billion in March, up 5.6% compared to February, the country's Census Bureau reported on Tuesday.

Exports grew by $12.4 billion or 6.6% from last month to land at $200 billion, while imports stood at $274.5 billion. The figure was $16.4 billion or 6.3% higher than in the prior month.

The US recorded the biggest surplus in trade with South and Central America ($3.6 billion), while the largest deficits came from China ($36.9 billion) and the European Union ($16.9 billion).

Breaking the News / BU