https://www.msn.com/en-us/money/markets/us-trade-deficit-nar…
Imports dropped in April as factory activity in China fell to the lowest level since February 2020 amid strict lockdowns to curb the spread of Covid-19.
The deficit with China decreased in April by $8.5 billion, the most in seven years.
The gap in goods and services trade narrowed $20.6 billion, or 19.1%, to $87.1 billion, Commerce Department data showed Tuesday.