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U.S. trade deficit widened to largest in six months in April, jumping 23% to US$ 74.6 bil.
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美 4월 무역적자, 23% 급증해 6개월만에 최대 대중무역 비중 낮아져
The U.S. trade deficit widened to the largest in six months in April, with imports picking up and exports declining.
The nation's goods trade deficit with China also slightly widened while China's share of U.S. goods imports fell to the lowest level since 2006.
Our Lee Shi-hoo reports.
The U.S. trade deficit in April reached its highest level in six months and widened by the biggest margin since April 2015, jumping 23-point-0 percent to 74-point-6 billion U.S. dollars.
This comes as imports of goods rebounded and exports, especially for energy-related products, declined.
According to the U.S. Department of Commerce, overall imports increased 1-point-5 percent to nearly 324 billion U.S. dollars.
The goods imports rose 2 percent to some 263 billion dollars boosted by motor vehicles, parts and engines.
There were also increases in the import of industrial supplies and materials.
Overall exports fell 3-point-6 percent, the largest drop in three years, to 249 billion U.S. dollars.
Exports of goods plunged 5-point-3 percent, the most in three years, to some 167 billion, the lowest level since February 2022.
As for U.S. trade with China, the goods trade deficit slightly widened from the month before.
And according to a report by the Wall Street Journal, China's share of U.S. goods imports fell to the lowest level since 2006 to 15-point-4 percent in the year leading up to April amid rising geopolitical tensions between the two countries.
Meanwhile, U.S. trade with other countries in Europe and Asia as well as Mexico increased.
And trade with 25 Asian countries including India, Japan, and Vietnam in the previous 12 months accounted for nearly 25 percent of overall goods imported.
Lee Shi-hoo, Arirang News.
#trade_deficit #US_economy #UnitedStates #Department_of_Commerce #미국경제 #무역적자 #Arirang_News #아리랑뉴스
2023-06-08, 09:00 (KST)
The U.S. trade deficit widened to the largest in six months in April, with imports picking up and exports declining.
The nation's goods trade deficit with China also slightly widened while China's share of U.S. goods imports fell to the lowest level since 2006.
Our Lee Shi-hoo reports.
The U.S. trade deficit in April reached its highest level in six months and widened by the biggest margin since April 2015, jumping 23-point-0 percent to 74-point-6 billion U.S. dollars.
This comes as imports of goods rebounded and exports, especially for energy-related products, declined.
According to the U.S. Department of Commerce, overall imports increased 1-point-5 percent to nearly 324 billion U.S. dollars.
The goods imports rose 2 percent to some 263 billion dollars boosted by motor vehicles, parts and engines.
There were also increases in the import of industrial supplies and materials.
Overall exports fell 3-point-6 percent, the largest drop in three years, to 249 billion U.S. dollars.
Exports of goods plunged 5-point-3 percent, the most in three years, to some 167 billion, the lowest level since February 2022.
As for U.S. trade with China, the goods trade deficit slightly widened from the month before.
And according to a report by the Wall Street Journal, China's share of U.S. goods imports fell to the lowest level since 2006 to 15-point-4 percent in the year leading up to April amid rising geopolitical tensions between the two countries.
Meanwhile, U.S. trade with other countries in Europe and Asia as well as Mexico increased.
And trade with 25 Asian countries including India, Japan, and Vietnam in the previous 12 months accounted for nearly 25 percent of overall goods imported.
Lee Shi-hoo, Arirang News.
#trade_deficit #US_economy #UnitedStates #Department_of_Commerce #미국경제 #무역적자 #Arirang_News #아리랑뉴스
2023-06-08, 09:00 (KST)
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