10-June-2026
Economy News
 
US trade gap narrows in April on oil exports boost
10-Jun-2026

The US trade deficit shrank slightly in April, government data showed Tuesday, bolstered by energy exports on a supply crunch following war in the Middle East. The overall trade gap narrowed 1.2 percent to $55.9 billion, said the Commerce Department. Economists surveyed by Dow Jones Newswires and The Wall Street Journal had expected a $56.1 billion figure.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-trade-gap-narrows-in-april-on-oil-exports-boost/articleshow/131611844.cms