U.S. Trade Deficit Narrowed in April

 U.S. Trade Deficit Narrowed in April

WASHINGTON—The U.S. trade deficit narrowed in April from a record level in March as disruptions in global supply chains and a slowdown in consumer spending contributed to a drop in imports.

The deficit in trade of goods and services shrank by 8.2% to a seasonally adjusted $68.9 billion in April, the Commerce Department said Tuesday, compared with the record $75 billion gap in March.

Imports fell 1.4% to $273.9 billion, while exports grew 1.1% to $205 billion.

Imports declined among goods affected by a shortage of semiconductors, including home appliances and automotive vehicles, parts and engines. Consumer demand for imported goods, including apparel and toys, slowed from a torrid pace in March, when Americans got the biggest lift from the latest round of government stimulus payments.

The trade deficit is poised to return to its widening trend…

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