US trade deficit edges up in April
The US trade deficit edged up in April as crude oil prices hit the highest level since December, but the imbalance so far in 2009 is well below last year's pace as the recession dampens demand for imports.
4/10/2008 9:27:19 AM The US trade deficit unexpectedly widened in the month of February, according to a report released by the Department of Commerce on Thursday, with the value of imports increasing at a faster rate than the value of exports.