![U.S. Imports Slowed in April, Shrinking Trade Deficit From Record U.S. Imports Slowed in April, Shrinking Trade Deficit From Record](https://morningtopnews.com/wp-content/uploads/2022/06/1654608917_social-768x384.jpeg)
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WASHINGTON—The U.S. trade deficit narrowed in April as imports fell sharply, reflecting a moderating appetite for foreign goods and materials from American consumers and businesses.
The trade gap in goods and services fell to 19.1% in April from the prior month to a seasonally adjusted $87.1 billion, the Commerce Department said Tuesday, retreating from March’s record $107.7 billion deficit.
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