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The US trade balance deficit fell to 50,06 billion dollars in April

In the United States, the trade balance deficit in April fell to 50,06 billion dollars from 52,62 billion in March – However, the drop is lower than analysts' expectations – Both imports and exports decrease overall – The crisis is weighing of the Eurozone – Deficit with the Eurozone decreasing, while the gap with China widens

The US trade balance deficit fell to 50,06 billion dollars in April

In April, the trade balance deficit fell to $50,06 billion. In March it was 52,62 billion. The reduction of the deficit is lower than the expectations of analysts who expected a drop to 49,4 billion.

Both exports and imports are down. In fact, exports recorded a drop of 0,8% to 182,91 billion while imports decreased by 1,7% to 232,97 billion. The contraction, which follows recent highs, confirms that the US economy is feeling the effects of the global slowdown and of Europe in particular.

In particular, in trade with the euro area, exports recorded a drop of 9,8% while imports fell by 11,2%. The trade deficit with the euro area thus fell by 14,1% to 7,56 billion. On the contrary, the deficit with China continues to grow, +13,3% to 24,55 billion dollars, following a drop in exports of 14% and an increase in imports of 4,8%.

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