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U.S. trade gap widened in March. Is this good news?

Bad news is good news. How can that be you say? When our trade deficit goes up it means that we are importing more that we are exporting. So why is this good? Well, for one thing it means that international trade is picking up.and that's a good thing. The March trade deficit grew by nearly 6% to $27 billion. The US trade deficit has plunged 52% from a year ago. The fact that imports and exports are falling at a slower rate brings a note optimism to world trade.

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Last updated: November 27, 2009: 01:28 PM

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