U.S. trade deficit climbs 5.2% in April to $47.6 billion

[mahatmakanejeeves]

Source: MarketWatch

U.S. trade deficit climbs 5.2% in April to $47.6 billion

Published: June 2, 2017 8:59 a.m. ET

U.S. failing to cut large deficits with China, Mexico, Germany

By JEFFRY BARTASH REPORTER

WASHINGTON (MarketWatch) The nations trade deficit rose 5.2% in April, keeping the U.S. on track to post a bigger gap in 2017 than in 2016.

The deficit climbed to $47.6 billion in April from a revised $45.3 billion in March, the Commerce Department said Friday. (1) Economists polled by MarketWatch had forecast a $46.5 billion gap.
....

A higher trade deficit lowers the official scorecard for the U.S. economy, known as gross domestic product. The trade deficit is running 13.4% higher through the first four months of 2017 compared to the same period a year earlier.

Nor has the U.S. made any headway in cutting trade deficits with China, Mexico and Germany even though the Trump administration has made it a priority.
....

Jeffry Bartash is a reporter for MarketWatch in Washington.

Jeffry Bartash: @jbartash
https://twitter.com/jbartash
[e-mail]

(1) https://www.bea.gov/newsreleases/international/trade/2017/trad0317.htm

Read more: http://www.marketwatch.com/story/us-trade-deficit-climbs-52-in-april-to-476-billion-2017-06-02

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U.S. Trade Gap Widened 5% in April

The strong dollar may be a factor in the latest increase

By Josh Mitchell and Eric Morath
Updated June 2, 2017 8:54 a.m. ET

WASHINGTON - The U.S. trade deficit widened in April as Americans stepped up purchases of foreign goods such as cellphones and equipment.

The trade gap in goods and services with other nations increased 5.2% from a month earlier to $47.62 billion, the Commerce Department said Friday. Imports grew 0.8% while exports fell 0.3%.
....

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[DemocratSinceBirth]

1. What happened to all the great deals Chump was supposed to make to close the trade deficit ?

[riversedge]

2. Trump is too busy tweeting and bullying folks to do actual work of governing

[Shell_Seas]

4. Well, we are living in the Trump show.

It's all about him, not America.

[sinkingfeeling]

3. Way to go, Comrade Trump! I see you're putting America first, and

negotiating trade agreements that are 'fair', and really there for the workers.

[livetohike]

5. So much winning it's hard to believe!

[dhill926]

6. I'm sure Fearless Leader will fix this...

be patient, comrades....

[winstars]

7. Its all those German cars that they build...in the South???

[DK504]

8. Where are all these American manufacturing jobs he's going to create?