Trade Gap Swells More Than Expected
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The US trade deficit widened nearly 9 percent in October to a record $55.5 billion as sky-high oil prices helped propel imports into uncharted territory, the government said on Tuesday.
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WASHINGTON  - The US trade gap unexpectedly shot to a record 55.5 billion dollars in October as Americans sucked in more imports, particularly from China, and oil prices sizzled.
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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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BRITAINâS trade gap with the rest of the world narrowed unexpectedly in September as goods exports surged to their highest level in more than two years, official data revealed today.
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The U.S. trade deficit widened much  more than expected in July to a record $68 billion dollars as  record oil prices pushed America's monthly oil import bill to  an all time high, a government report showed on Tuesday.
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The 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 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 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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China's trade surplus jumped nearly 33 percent in August to its second-highest monthly level, according to data released Tuesday, adding to pressure on Beijing to ease currency controls and narrow its yawning trade gap.
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Pushed up by soaring oil prices, America's trade deficit surged to a record high in the summer, but analysts predicted a slowly improving imbalance in the months ahead.
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THE US trade deficit widened in August to its second-highest level on record, fuelled by the highest oil import prices in 23 years and record imports from China.
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The deficit in the broadest measure of trade climbed to a record high of &#36;164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.
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WASHINGTON The United States announced Thursday that its trade gap widened in August to $54 billion, the second-largest ever, reflecting record spending on imported oil and a decline in goods exports that may presage a slowdown in manufacturing.
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WASHINGTON: The US trade gap widened nearly 9 per cent in October to a record $US55.5 billion ($NZ79.13b) as sky-high oil prices helped propel imports into new territory, while industrial output rose as expected in November.
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The U.S. trade deficit widened more than expected in December and grew 6.5 percent during all of 2006 to a record $763.6 billion, a U.S. Commerce Department report showed on Tuesday.
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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 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.