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US trade deficit rising


Washington, SANA- The balance of the US trade deficit rose sharply in the penultimate month of last year, with an increase of


The US trade deficit balance rose sharply in the penultimate month of last year as imports of goods increased to a record level.

Reuters quoted the US Department of Commerce as saying in a statement today that the trade deficit jumped last November by 19.4 percent to $80.2 billion, despite economists expecting it to reach $77.1 billion.

Imports of goods in the United States increased by 5.1 percent to $254.9 billion, while exports fell 1.8 percent to $155.9 billion.

Source: sena

All business articles on 2022-01-06

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