The US trade deficit remained virtually stable at $69.4 billion in March, compared with the previous month's $69.5 billion (which was revised from an initial estimate of $68.9 billion), according to the Commerce Department.

This 0.1% month-on-month decline in the deficit resulted from a 1.6% decrease in US imports of goods and services, to $327 billion, and a 2% contraction in exports, to $257.6 billion.

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