U.S. trade deficit widens in April (by Rex Nutting)

WASHINGTON (MarketWatch) -- The U.S. trade deficit widened to $60.9 billion in April behind higher prices for crude oil and other commodities, the Commerce Department reported Tuesday. Imports rose 4.5% to $216.4 billion, while exports increased 3.3% to $155.5 billion. Excluding the impact of inflation, the real trade deficit slipped by 0.1% to the lowest level in nearly five years.