Bloomberg The US merchandise-trade deficit widened for a second month to the highest level since a record in December as exports dipped. The goods-trade gap grew to $72.1 billion in April from $71.9 billion the month earl-ier, according to Commerce Department figures, slightly undershooting economist estimates for an increase in the deficit to $72.7 billion. The figures precede this month’s ...

Bloomberg President Donald Trump’s vow to impose a 5 percent tariff on Mexican goods comes just in time to hit exports from a $1 billion BMW AG factory that opens in the country next week. A swathe of the 3-Series sedans to be made at the plant in San Luis Potosi are destined for US dealers. Higher duties mean a ...

Bloomberg NXP Semiconductors NV agreed to buy the Wi-Fi connectivity business of Marvell Technology Group Ltd. in a deal valued at $1.76 billion. The all-cash acquisition includes Marvell’s Wi-Fi and Bluetooth technology and related assets, and will allow the automotive industry’s biggest chip supplier to offer customers a broader range of options to connect devices to the internet. The Marvell ...