US trade deficit widens unexpectedly in April

America's deficit in its trade in goods with the rest of the world widened by 3.8% to $67.6bn, according to the Census Bureau.

Economists forecasts were calling for a smaller shortfall of -$64.0bn.

March's deficit was revised higher from a preliminary estimate of -$64.8bn to -$65.1bn.

Exports of goods were $1.1bn less last month, reaching $125.9bn, while imports grew by $1.4bn to $193.4bn.