With the value of exports falling by more than the value of imports, the U.S. trade deficit for March came in wider than in the previous month, according to a report released by the Commerce Department on Tuesday.

The report showed that the trade deficit widened to $27.6 billion in March from a revised $26.1 billion in February. Economists had expected the deficit to widen to $29.0 billion compared to the $26.0 billion originally reported for the previous month.

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