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The U.S. trade deficit was narrower than forecast in March as record exports of services partly cushioned a drop in merchandise shipments, Commerce Department data showed May 4.

Signs are pointing to a looming slowdown in global trade growth, according to Morgan Stanley.

Before President Trump can shrink America's lopsided trade deficits — with China or anyone else — he first must recognize what's driving them.

The U.S. trade deficit narrowed in February to a four-month low as imports declined and exports improved amid a brighter outlook for global manufacturing, Commerce Department data showed April 4.

The United States chalked up its largest trade deficit since March 2012 as a jump in merchandise imports in January exceeded a smaller gain in shipments overseas.

The U.S. trade deficit widened in 2016 to the biggest since 2012 as exports fell more than imports, though a narrowing gap in December suggests demand is stabilizing overseas for American goods.

U.S. import prices rose in December, boosted by higher prices for petroleum products, but a strong dollar kept underlying imported inflation subdued.

The U.S. trade deficit widened to a nine-month high in November as exports fell and companies and governments imported the most since August 2015.

A drop in U.S. exports in November pushed the country's trade deficit in goods higher, while the number of Americans filing for unemployment benefits the week ended Dec.24 is a positive sign for the labor market.