April U.S. Trade Deficit Grows to $57 Billion

June 10, 2005 9:15 AM, EDT

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he U.S. trade deficit rose to $57 billion in April, the Commerce Department reported Friday.

The gap grew from a revised $53.6 billion in March that was smaller than the $55 billion reported originally. The deficit reached an all-time high of $61 billion in February.

The April deficit was $1 billion below economists’ projections and the dollar gained against the euro and yen, Bloomberg reported.

Trucks are used both to deliver imports to local stores and to move exports from factories to airplanes or ships for overseas shipment.