The U.S. trade gap with the rest of the world increased in March for the first time in eight months as exports declined faster than imports, the Commerce Department reported Tuesday. Led by a big decline in capital goods sales, exports of goods and services fell 2.4% to a seasonally adjusted $123.6 billion in March, the lowest level since August 2006. Meanwhile, imports of goods and services fell 1% to $151.2 billion, the lowest level since September 2004. The trade deficit - the difference between exports and imports - increased by 5.5% to $27.6 billion in March from $26.1 billion in February.
