(AP) The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first quarter.
The deficit rose to $51.4 billion, the largest trade gap since October 2008 and more than 43 percent higher than in February, the Commerce Department reported Tuesday. Exports were up 0.9 percent to $187.8 billion, while imports increased 7.7 percent to $239.2 billion. The trade deficit is the short-fall between exports and imports.
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