Sunday, May 13, 2007

Trade deficit swells to more than expected

Trade deficit swells 10.4 percent in March (Reuters)

Shipping containers sit at the New York Container Terminal in New York April 11, 2007. The U.S. trade deficit widened more than expected in March to $63.9 billion, as higher oil prices helped push total imports to the second highest on record, a U.S. government report showed on Thursday. (Shannon Stapleton/Reuters)Reuters - The U.S. trade deficit widened more than expected in March to $63.9 billion, as higher oil prices helped push total imports to the second highest on record, a U.S. government report showed on Thursday.


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