Washington&#39;s trade deficit hits record $54bn level
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The US trade deficit, propelled by a record foreign oil bill, surged to $54 billion (R355 billion) in August, the second-highest level in history.
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The U.S. trade deficit, propelled by a record foreign oil bill, surged to $54 billion in August, the second highest level in history. The politically sensitive deficit with China hit a new high as American retailers upped their orders for cell phones, toys and televisions.
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The U S technology industry imported more computers, high-tech components, and consumer electronics in 2006 than it exported, resulting in a record $102 billion trade deficit in the sector, according to a new report due out today.
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The deficit jumped by 9.3 percent, to $63.1 billion, the government said, reflecting record oil imports. The deficit with China declined while the weak dollar lifted exports to a record high.
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Britain's deficit in trade in goods hit a record in 2006 when the country imported more oil than in previous years.
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The U.S. trade deficit 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.
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The trade deficit jumped in November to its highest level in 14 months as surging oil prices overpowered a ninth consecutive month of record exports, the Commerce Department said on Friday.
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CANBERRA : Near record high imports increased Australia&#39;s trade deficit by 10.5 percent in September, according to new data, which analysts say raises the prospects for an early rise in interest rates.
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Chinaâs global trade surplus soared nearly 50 percent last year to a record despite an avalanche of safety warnings and recalls of Chinese-made products abroad.
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America's trade deficit soared to an all-time high of &#36;60.3 billion in November, reflecting record levels for imports of everything from oil and consumer goods to farm products, the government reported Wednesday.
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America&#39;s trade deficit grew to an all-time high of $55.5 billion in October as imports - including those from China - increased to the loftiest levels on record.
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France has reported a big increase in its trade deficit to a record of 29.2 billion euros (37 billion dollars), but Trade Minister Christine Lagarde blamed high oil prices.
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The UK's trade gap widens sharply from Â£4.4bn to Â£5.3bn, as imports hit Â£21.5bn, the highest monthly level since records began.
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The U.S. trade deficit soared to a record of &#36;617.7 billion last year as Americans' appetite for all things foreign, from crude oil to cars, hit all-time highs. The United States even rang up a deficit in farm goods as imports of wine, cheese and other food products hit a record.
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The U.S. trade deficit surged to an all-time record of $764 billion in 2006, the Commerce Department said today, as high oil prices increased the nation's import bill and as American consumers continued loading up on products churned out in factories from China to Mexico.
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Record oil import prices and strong   demand for foreign goods ranging from cars to computers helped   pushed the U.S. trade deficit to a record $68 billion in July,   a government report showed on Tuesday.
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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.