Tag: commerce department

US trade deficit hits 10-year high

US trade deficit hits 10-year high

Washington: US trade deficit widened for a fifth consecutive month and reached a 10-year high in October, according to data from the Commerce Department. The total trade gap increased 1.7 per cent to $55.5 billion in October, spurred by all-time high imports, Xinhua news agency quoted the Department as saying.[Read More…]





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