Posts Tagged ‘trade deficit’

U.S. trade deficit soars to two-year high

by Associated Press Published: May 12,2010

Tags: global competition, international markets, trade, trade deficit

WASHINGTON — The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding U.S. economy. The Commerce Department said today that the trade deficit rose 2.5 […] [...]

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