MW: U.S. trade gap widens in Feb. as imports increase
By Greg Robb
WASHINGTON (MarketWatch) -- The U.S. trade deficit widened by 7.4% in February to $39.7 billion, the Commerce Department said Tuesday. The trade deficit was above the consensus forecast of Wall Street economists of a deficit of $38.5 billion. Imports rose faster than exports in February. The U.S. trade deficit with China widened to $16.5 billion in compared with $14.2 billion in the same month last year. This is the smallest deficit since last March.
