The Australian trade deficit in April fell to A$1.58 billion (US$1.14 billion) according to the Australian Bureau of Statistics. This was lower than market expectations of A$2 billion according to Business Insider. Exports overall rose 5.2%, though exports to the U.S. fell 8.2%. The largest export sectors to the U.S. are iron and steel, paper … Continue reading “Australian Exports Break Losing Streak, Deficit Lower T...
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