The Traderszone Network

Published in TZ Latest News 5 May, 2015 by The TZ Newswire Staff

U.S. trade deficit largest since 2008 as imports surge

The U.S. trade deficit surged to its highest level in nearly 6-1/2 years in March as imports rebounded strongly after being held down by a labor dispute at key West Coast ports, suggesting the economy contracted in the first quarter. Economists polled by Reuters had forecast the trade deficit rising to $41.2 billion.