U.S. Trade Deficit at Highest Level in a Decade

02:49PM Dec 07, 2018
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Record imports in October drove the U.S. trade deficit to the highest level in a decade. The Commerce Department says the gap between what the United States sells and what it buys from foreign countries rose to $55.5 billion in October.

That's the fifth straight increase and the highest since October 2008.  The deficit in the trade of goods with China rose 7.1% to a record $43.1 billion dollars.

Read the full report here.

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