U.S. Trade Deficit Expands Modestly in February, Falls Short of Forecasts

The U.S. trade deficit grew to $57.3 billion in February, according to the Commerce Department, but the increase was smaller than economists had predicted. The narrower-than-expected deficit may signal resilience in the economy amid ongoing trade dynamics.

• The U.S. trade deficit in February was $57.3 billion, below the expected $60.1 billion.
• Imports increased by 4.3 percent to $372.1 billion, while exports rose by 4.2 percent to $314.8 billion.
• The narrower-than-expected deficit may indicate economic resilience in export sectors.
• Market participants are watching for potential impacts on the USD/CAD exchange rate and trade-related assets like XRT.