Click here to sign up for our free daily newsletter

US trade deficit shrinks to $50.8 billion in April

Jun 6, 2019 | 6:41 AM

WASHINGTON — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher.

The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 billion in April from March. Exports fell 2.2% to $206.8 billion. Imports dropped 2.2% to $257.6 billion.

The deficit in the trade of goods with China rose 29.7% to $26.9 billion.