US trade deficit shrinks more than expected in April

FXStreet (Córdoba) - The US trade deficit shrank 19.2% to $40.88 billion in April from $50.57 billion (revised down from $51.4 bn) in March, which was the highest since January 2012.

The reduction of the deficit beat expectations of $44.00 billion. This report
could give a boost to Q2 GDP.