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04.03.2016 14:30 U.S. trade deficit widens to $45.68 billion in January

The U.S. Commerce Department released the trade data on Friday. The U.S. trade deficit widened to $45.68 billion in January from a deficit of $44.7 billion in December. December's figure was revised down from a deficit of $43.36 billion.

 

Analysts had expected a trade deficit of $44.0 billion.

 

The rise of a deficit was driven by a drop in exports. A stronger U.S. dollar and a weak demand abroad weighed on exports.

 

Exports fell by 2.1% in January, while imports decreased by 1.3%.



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