US Trade Gap Widens To Largest In 18 Months

The US trade deficit came in at $74.6 billion in April, widening from March's level, according to government data (Credit: AFP)

The US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday.

The overall gap was $74.6 billion, growing from March's revised $68.6 billion figure, said the Commerce Department.