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US trade deficit widens in August

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10-14-2010, 10:42 PM

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US trade deficit widens in August

The Commerce Department today announced the US trade deficit widened in August by 8.8% to $46.6 billion (£29 billion), from $42.58 billion in August. Economists had expected a $44.5 billion gap. According to the Commerce Department, the widening in the trade deficit was primarily due to record imports from China. Imports from China rose 6.1% [...]

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