forexU.S. Trade Deficit Widens To New Record High In January

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U.S. Trade Deficit Widens To New Record High In January

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Reflecting a jump in imports and a steep drop in exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened by more than expected in the month of January. The Commerce Department said the trade deficit widened to $89.7 billion in January from a revised $82.0 billion in December.

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