March trade balance data:

US trade deficit
  • Prior was -$49.4 billion
  • Exports +1.0%
  • Imports +1.1%
  • Exports $211.97B vs $209.91B prior
  • Imports $261.97N vs $259.19B prior
  • US-China deficit $20.75B vs $24.76B prior
  • Goods deficit $72.42B
  • Services surplus $22.42B

No surprises in this but the fall in the US-China deficit will be good news for negotiators as talks get underway.