US trade deficit up 8.5 percent to $40.3 billion

Associated Press
US trade deficit up 8.5 percent to $40.3 billion

FILE - In this March 1, 2013 file photo, a crane removes a container from a ship at the Port of Baltimore's Seagirt Marine Terminal in Baltimore. The U.S. trade deficit widened in April as demand for foreign cars, cell phones and other imported goods outstripped a rise in U.S. exports, the Commerce Department announced Tuesday, June 4, 2013. (AP Photo/Patrick Semansky, File)

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