Highlights of the US trade balance report for April:

  • Prior was -$51.4B
  • Exports +1.0% vs March
  • Imports -3.3% vs March
  • Goods deficit $60.65B
  • Services surplus $19.77B
  • Capital goods imports $51.5B vs March imports $52.14B
  • China deficit $28.48B vs $31.24B in March

A bit healthier in April but very little reaction.