US trade gap hits a record $68b in July
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WASHINGTON -- Soaring global oil prices sent the US trade deficit to a record high, and Democrats hoping to take control of Congress said the figures showed Republican policies have failed.
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WASHINGTON - The US trade deficit continues to swell to new records, hitting $55.5 billion US in October. The US Commerce Department said Tuesday that the trade deficit grew by 8.9 per cent from September, even
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The U.S. trade deficit declined slightly in July, helped by record exports that offset the biggest foreign oil bill in nearly a year. But even a spate of recalls did not stop the deficit with China from climbing to the second-highest level on record.
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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 U.S. trade gap narrowed slightly  in June as exports boomed, but surging oil prices and rising  imports from China still kept the deficit on track for a record  this year, a U.S. Commerce Department report showed on  Thursday.
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WASHINGTON -- 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 US trade deficit has expanded to its highest level in 14 months, official data shows.
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The trade deficit hit another record high in October, with imports outpacing exports by $55.46 billion. The 9 percent increase from September was higher than expected
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The U.S. current account trade gap  widened slightly to a record $164.71 billion in the third  quarter, data showed on Thursday, but U.S. dependence on  overseas capital was not as great as feared, fueling a big  dollar rally.
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The US trade gap unexpectedly narrowed in September to $51.6 billion as oil imports fell and exports of US goods and services rose to a record.
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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 U.S. trade deficit narrowed slightly in July as exports continued to grow this year at a stronger pace than imports, even though both categories set records, a Commerce Department report showed on Tuesday.
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The U.S. trade deficit widened nearly 9 percent in October to a record &#36;55.5 billion as sky-high oil prices helped propel imports into new territory, the government said on Tuesday.
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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 US trade deficit fell to 50.15 billion dollars in July, 4.87 billion dollars down from the previous month, as imports declined for the first time in almost ayear, the US Commerce Department reported Friday.
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The US trade deficit narrowed in July from the prior month&#39;s record as exports rose and a decline in oil shipments contributed to the first drop in imports in 11 months, the Commerce Department said in Washington.
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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.