US trade deficit surges to record high in October
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US trade deficit soared to an all-time high of 55.5 billion US dollars in October compared with 50.9 billion dollars the previous month, the US Commerce Department reported Tuesday.
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The US trade deficit ballooned to a record high of $617.7 billion last year, pushed by soaring oil prices and Americans' insatiable appetite for everything foreign, from cars to toys and food.
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The gap between US exports and imports hits an all-time high of $671.7bn (Â£484bn) last year, official figures show.
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The U.S. trade deficit soared to a record of $617.7 billion last year as Americans' appetite for all things foreign from crude oil to imported cars hit all-time highs.
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The U.S. trade deficit widened unexpectedly in November to a record &#36;60.3 billion, propelled by the highest-ever oil import bill and a drop in exports, a government report showed on Wednesday.
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The politically sensitive U.S. trade  deficit widened more than expected in August to its  second-highest level on record, fueled by the highest oil  import prices in 23 years and record imports from China, the  U.S. government said on Thursday.
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The deficit in the broadest measure of trade climbed to a record high of $164.7 billion in the third quarter of this year, reflecting Americans&#39; hardy demand for imported oil and foreign-made goods.
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The U.S. trade gap widened nearly 9  percent in October to a record $55.5 billion as sky-high oil  prices helped propel imports into new territory, the government  said on Tuesday, while a second report showed industrial output  rose in November, as expected.
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The monthly U.S. trade deficit soared to an all-time high of $60.3 billion in November, sending the dollar tumbling and raising new worries about whether the U.S. economy has become too dependent on borrowing from foreigners.
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The U.S. trade deficit widened  unexpectedly in November to a record $60.3 billion, propelled  by the highest-ever oil import bill and a drop in exports, a  government report showed on Wednesday.
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The US trade deficit hit a record high of $60.3 billion in November as American appetites for foreign oil and even imported food reached record levels.
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The annual US trade deficit rises to a  record $763.6bn, hit by higher oil prices and surging Chinese imports.
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The current account deficit of the United States hit a record high of 164.7 billion US dollars in the third quarter of this year as a result of increasing demand for imported
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The trade deficit in October grew larger than analysts had expected despite the recent decline of the dollar against major currencies.
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A record drop in oil import prices  pushed the U.S. trade deficit in October to its lowest level in  more than a year, while U.S. exports rose to a new high, a  Commerce Department report showed on Tuesday.
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WASHINGTON -- The U.S. trade deficit hit a record $68 billion in July as surging global oil prices pushed America's foreign oil bill to the highest level in history.
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The US trade deficit has exploded 19% to a record $55.8bn as oil costs drove imports higher, according to a latest figures.