U.S. Trade Deficit Widened in May

WASHINGTON—The U.S. trade deficit widened in May, as American consumers and businesses stepped up purchases of imported products and materials amid a continued economic recovery. The foreign-trade gap in goods and services expanded 3.1% from the prior month to a seasonally adjusted

U.S. Trade Deficit Narrowed in April

A container ship pulling into the Port of Oakland, Calif., in May. Photo: Justin Sullivan/Getty Images WASHINGTON—The U.S. trade deficit narrowed in April after setting a record level in March as challenges with global supply chains contributed to a slowdown in imports