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U.S. Exports, Imports Fell Sharply in April Amid Coronavirus Disruptions – The Wall Street Journal

WASHINGTON—U.S. exports and imports both posted their largest monthly decreases on record amid coronavirus-related shutdowns around the world.

Imports fell 13.7% in April from March, and exports dropped 20.5%, the largest declines since record-keeping began in 1992, the Commerce Department reported Thursday. The trade deficit expanded 16.7% to a seasonally adjusted $49.41 billion.

“Beyond…

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