A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened by slightly more than anticipated in the month of April.
The Commerce Department said the trade deficit widened to $49.4 billion in April from a revised $42.3 billion in March.
Economists had expected the trade deficit to widen to $49.0 billion from the $44.4 billion originally reported for the previous month.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.