U.S. trade deficit falls 9% to 4-month low due to shrinking imports

The nation’s trade deficit narrowed 9% in March to a four-month low of $64.2 billion, but shrinking imports point to weaker consumer spending and more stress on the U.S. economy.

The trade gap declined from $70.6 billion in February.

Key details: Imports fell slightly to a three-month low of $320.4 billion. They are also well off a record…