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Back to Home » March 2017 News » US trade deficit jumps to 5-year high of $48.5 billion

US trade deficit jumps to 5-year high of $48.5 billion

March 08, 2017

WASHINGTON (AP) -- The U.S. trade deficit jumped in January to the highest level in nearly five years as a flood of mobile phones and other consumer products widened America's trade gap with China. The result underscores the challenges facing President Donald Trump in fulfilling a campaign pledge to reduce America's trade deficits....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_TRADE_GAP?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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