GREAT WALL MOTOR SAYS APRIL VEHICLES SALES UP 6.25% Y/Y AT 106,312 UNITS

HEGSETH: HUNDREDS MORE SHIPS ARE LINING UP TO TRANSIT STRAIT OF HORMUZ

The US trade deficit widened 4.4% to $60.3 billion in March, as import growth outpaced exports, signaling resilient demand. Imports rose 2.3%, driven by vehicles, consumer goods, and AI-related capital equipment, while exports gained 2% on higher oil shipments. Net exports weighed on Q1 GDP. Ongoing Iran conflict and Strait of Hormuz disruptions add further uncertainty to global trade flows.