Transport Topics
US Trade Deficit Rises to Five-Month High of $55.5 Billion in May
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WASHINGTON — The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened.The Commerce Department said July 3 that the gap between the goods and services the U.S. sells and what it buys from foreign countries rose 8.4% to $55.5 billion in May.
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