August trade gap hits $54b
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WASHINGTON -- The trade deficit jumped to the second-highest level in history as surging demand for foreign oil swamped a small gain in US exports, the government reported yesterday. America's trade gap with China hit a record high as retailers stocked up on cellphones, toys, and televisions in preparation for Christmas sales.
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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 trade deficit shrank much more  than expected in April to $58.5 billion, as the weakening U.S.  dollar appeared to depress import demand and help push exports  to a record, a U.S. Commerce Department report on Friday  showed.
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Chinaâs inflation rose to 6.5 percent in August, an 11-year high, and the trade surplus widened by 33 percent to $24.97 billion, the second-highest monthly level on record.
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U.S. retail sales dipped in August  and the most comprehensive gauge of the U.S. international  trade gap widened to a record in the second quarter, government  reports released on Tuesday showed.
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WASHINGTON -- The U.S. trade deficit set a fifth consecutive annual record in 2006, reflecting a huge jump in America's foreign oil bill and an all-time high for the trade gap with China. The year ended with the December deficit increasing more than had been expected.
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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&#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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The U.S. trade deficit narrowed  sharply in September, aided by a slide in the value of the  dollar, which helped push exports to record levels, a  government report showed on Wednesday.
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The trade deficit shrank much more than expected in April to $58.5 billion, as the weakening U.S. dollar appeared to depress import demand and help push exports to a record, a U.S. Commerce Department report on Friday showed.
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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 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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Retail sales dipped in August and the U.S. gap with its international trade partners widened to a record level in the second quarter of the year, two reports showed today.
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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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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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The United States trade deficit shrank to $51.6 billion in September, as exports posted their best month on record. In another report, new claims for jobless
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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.