The US trade deficit rises to a level record in March, reaching $ 109.8 billion

The US trade deficit has jumped to a level record in March, confirming that trade negatively impacted economic growth in the first quarter and could remain tale for a while when companies replenish their stocks of imported goods.

And U.S. Department of Commerce data showed today Wednesday that the trade deficit accelerated by 22.3 percent to hit $ 109.8 billion in March. in half to an increase record of imports.

Economists interviewed by Reuters expected the deficit to reach $ 107 billion.

Imports of goods and services increased 10.3% to $ 351.5 billion, while exports increased 5.6% to $ 241.7 billion.

Read More About: Business News