US trade gap widens in March as AI spending boosts imports
Published on: May 5, 2026, 7:26 p.m. | Source: The Economic Times
In March, America's trade deficit experienced a slight uptick, attributed to a surge in imports bolstered by investments in AI technology and automotive products. Meanwhile, exports of US crude oil and petroleum derivatives rose notably as well. This trend comes in the wake of a recent Supreme Court decision regarding tariffs.
