US trade deficit hits record in March on pre-tariff imports spike

By Andrew Moran Contributing Writer The U.S. trade deficit widened to a record high in March as companies accelerated their imports ahead of U.S. tariffs taking effect. Bureau of Economic Analysis data released on Tuesday show that the international trade gap — a measure of when a country’s imports exceed its exports — reached an all-time high of $140.5 billion. This is up by 14% from a revised $123.2 billion in February. The monthly international trade deficit includes goods a