Trade Deficit Widens: Cascade of Bad News Accelerates, Trump Will Howl

Mish Talk

The International Trade in Goods and Services report shows the trade deficit widened to $47.6 billion in April from $45.3 billion in March.

The April deficit was greater than any Econoday economist’s prediction.

In addition, the Census Department revised the March deficit from $43.7 billion from $45.3 billion.

Cont.....