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U.S. Trade Deficit Widens by 12.1%

“WASHINGTON (MarketWatch) — The U.S. trade deficit widened by 12.1% in May to $45.0 billion, the Commerce Department said Tuesday. This is the largest deficit since last November and was well above expectations. Wall Street economists polled by MarketWatch had forecast a deficit of $40.3 billion. The deficit has jumped in two straight months after falling to $37.1 billion in March….”

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