US trade deficit shrinks to $50.8 billion in April
WASHINGTON — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher.
The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 billion in April from March. Exports fell 2.2% to $206.8 billion. Imports dropped 2.2% to $257.6 billion.
The deficit in the trade of goods with China rose 29.7% to $26.9 billion.