U.S. trade deficit widens in May

The U.S. international trade deficit rose to $50.2 billion in May, up from a revised $34.6 billion in April, the U.S. Census Bureau reported Tuesday. Exports fell to $174.9 billion in May from $175.8 billion in April, the Census Bureau said in a release. Goods were $125.1 billion in May, down from $126.5 billion the month before, while services were $49.7 billion in May, up from $49.3 billion in April. Imports rose to $225.1 billion in May from $219.4 billion in April, the bureau said. Goods were $190 billion in May, an increase from $184.7 billion in April, while services were $35.1 billion in May, up from $34.7 billion in April. The deficit was $64.9 billion for goods in May, up from $58.2 billion in April, the Labor Department agency said. The surplus for services was $14.7 billion in May, up from $14.5 billion in April.