The US trade gap rose 4.4 percent to $60.3 billion in March, government data shows

The US trade gap rose 4.4 percent to $60.3 billion in March, government data shows

The US trade deficit grew slightly less than expected in March, government data showed Tuesday, as spending linked to the artificial intelligence buildout boosted imports.

But US exports of crude oil and petroleum products also jumped after war in the Middle East began on February 28 with US-Israeli strikes on Iran. This could narrow the gap in the following month, analysts said.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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