Merchandise trade deficit widens to 7-month-high in May at $23.78 bn
The deficit was driven largely by a surge in imports. The merchandise trade deficit stood at $23.78 billion in May, up from $19.1 billion in April and $22.53 billion a year ago.
The deficit was driven largely by a surge in imports. The merchandise trade deficit stood at $23.78 billion in May, up from $19.1 billion in April and $22.53 billion a year ago.
