AIBloomberg Tech4 days ago
US trade deficit drops to $55.9B as oil exports rise 60%
1 min read
US trade deficit narrows to $55.9 billion in April after oil exports surge 60% amid higher crude and petroleum product shipments. Exports rise 2.6% driven by record oil volumes and increased fuel exports despite global supply disruptions. Imports grow 2% led by computers and semiconductors supporting data center expansion. The Commerce Department reports a 1.
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