Trade deficit hits &#36;68B record in July
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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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America's trade deficit swelled to an all-time high of &#36;55.5 billion in October as imports &#151; including those from China &#151; surged to the loftiest levels on record. Skyrocketing crude-oil prices also contributed to the yawning trade gap.
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Britain's trade in goods deficit increased to 5.22 billion pounds (7.56 billion euros, 9.37 billion dollars) in August from a revised 4.97 billion in July.
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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 US trade deficit hit a record high of $68bn in July, due to the rising cost of oil imports, official figures show.
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The United States has recorded its second biggest trade deficit in history, fuelled by high oil prices and imports from China. The deficit grew six-point-nine percent in August to 54 billion US dollars...several billion more than predicted by analysts.
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WASHINGTON (CBS.MW) - The US trade deficit narrowed in July as imports fell for the first time in almost a year, the Commerce Department reported Friday.
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The US trade deficit, propelled by a record foreign oil bill, surged to $54 billion in August, the second highest level in history.
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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 U.S. current account trade gap  widened to a record $164.71 billion in the third quarter, data  showed on Thursday. The deficit, the broadest measure of U.S.  trade, was not as great as feared, spurring a dollar rally.
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A record jump in the price of imported oil pushed the trade deficit to &#36;63.8 billion in May, offsetting robust overseas sales gains by American companies.
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America's deficit in the broadest measure of trade shot up to an all-time high in the summer, reflecting the huge jump in the country's foreign oil bill.
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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 set a record for a fifth straight year, and the imbalance with China soared to an all-time high as well.
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The United States hit a record deficit of $166.2 billion last quarter in trade and capital flows with the rest of the world.
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Official figures show that the US trade deficit widened to the second-highest level on record in August.
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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.