US trade probably widened in March

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Source: China.org.cn
US trade deficit is expected to have expanded in March due to record-high surge in imports. The trade gap widened to 50 billion US Dollars in the period, according to Bloomberg's survey of 62 economists. US businesses may have bought more foreign goods as shipments from China surged after the Lunar New Year holiday.  Meanwhile, exports may have failed to expand at fast pace because of global economic slowdown.


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