March trade balance data:
- 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.