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America’s merchandise trade deficit widened in March for the first time in three months as an increase in imports exceeded the rise in exports.

With Washington buzzing about infrastructure, Rep. Kevin McCarthy, the top Republican in the U.S. House of Representatives, expressed support for a comprehensive package that would incorporate potential contributions from the private sector and streamline the permitting process.

The U.S. economy accelerated its rebound from a recent soft patch as unemployment unexpectedly fell to a fresh 49-year low amid strong hiring and cooler-than-projected wage gains, suggesting the hot labor market can extend its run.

A proposed 20-cent hike to the fuel tax did not survive the scrutiny of the Minnesota Senate, which passed a transportation finance bill May 1.

Productivity gains in the United States accelerated by more than expected last quarter to the fastest pace since 2014, adding fuel to the Trump administration’s argument that its tax cuts are boosting the economy without stoking inflation.

A $2 trillion infrastructure package that congressional Democrats and President Donald Trump agreed to work on during this session of Congress should be backed primarily with federal funds, House Speaker Nancy Pelosi told reporters May 2.

The April 30 announcement from House Democrats on an agreement with President Donald Trump to work on a $2 trillion infrastructure package elevated the profile of the subcommittee on Highways and Transit, and presents Del. Eleanor Holmes Norton with an opportunity to pursue a transformative vision not just for the District of Columbia, but the entire country.

The latest round of U.S.-China talks wrapped up in Beijing on May 1, with U.S. Treasury Secretary Steven Mnuchin calling the meetings “productive” in a tweet.

A gauge of U.S. factories fell in April to the weakest level since late 2016, signaling that manufacturing headwinds extended into the second quarter as companies continue to confront uncertainty about trade.