Kiplinger Trade Outlook: Imports Rise Strongly in April

Economic troubles abroad and a strong dollar are likely to limit U.S. exports this year.

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The trade deficit widened sharply in April.
The U.S. trade deficit in goods and services rose to a seasonally adjusted $74.6 billion, from a downwardly revised $68.6 billion in March. This is the largest trade deficit since October 2022. 

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Rodrigo Sermeño
, The Kiplinger Letter

Rodrigo Sermeño covers the financial services, housing, small business, and cryptocurrency industries for The Kiplinger Letter. Before joining Kiplinger in 2014, he worked for several think tanks and non-profit organizations in Washington, D.C., including the New America Foundation, the Streit Council, and the Arca Foundation. Rodrigo graduated from George Mason University with a bachelor's degree in international affairs. He also holds a master's in public policy from George Mason University's Schar School of Policy and Government.