Trade deficit rises to $40.4 billion in March (AP)

[Mgtrben news]

AP - The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding U.S. economy.

Source (http://us.rd.*****.com/dailynews/rss/topstories/*http://news.*****.com/s/ap/20100512/ap_on_bi_go_ec_fi/us_economy)