US TRADE DEFICIT AT ITS HIGH­EST LEVEL IN A DECADE

USA TODAY US Edition - - USA TODAY MONEY -

The Com­merce De­part­ment said Thurs­day that the gap be­tween what the U.S. sells and what it buys from for­eign coun­tries hit $55.5 bil­lion in Oc­to­ber, the fifth-straight in­crease and high­est since Oc­to­ber 2008. The po­lit­i­cally sen­si­tive deficit in the trade of goods with China rose 7.1% to a record $43.1 bil­lion. Led by ship­ments of medicine and cars, over­all im­ports rose 0.2% to a record $266.5 bil­lion. Ex­ports fell 0.1% to $211 bil­lion.

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