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US trade deficit hits $44.5 billion, biggest in 10 months

trade gap, trade deficit

WASHINGTON (AP) — The U.S. trade deficit increased to the highest point in 10 months, driven up by a big rise in imports of oil and Chinese-made computers, cell phones and clothing. The deficit rose to $44.5 billion in June, 8.7 percent higher than a revised May deficit of $41 billion, the Commerce Department reported Friday. It was the biggest ...

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US trade deficit rises in February to 6-month high

US trade deficit rises in February to 6-month high

WASHINGTON (AP) — The U.S. trade deficit rose in February to the highest level in six months as the growth in imports outpaced a modest rise in exports. The trade gap widened to $47.1 billion, up 2.6 percent from a January imbalance of $45.9 billion, the Commerce Department reported Tuesday. Boosted by stronger sales of U.S.-made autos, exports increased 1 ...

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U.S. September trade deficit smallest in seven months

WASHINGTON – – The U.S. trade deficit narrowed sharply in September to its lowest level in seven months as exports rebounded, a tentative sign that the worst of the drag from a stronger dollar may be over. The Commerce Department said on Wednesday the trade gap fell 15 percent to $40.8 billion, the smallest deficit since February. Lower crude oil ...

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