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LATEST US DATA

2017 trade deficit hits 10-year high of US$566b

Robust domestic demand pushes imports to record high, complicating Donald Trump's vow to shrink trade gap

Washington

THE US trade deficit widened more than expected in December, hitting its highest level since 2008 as robust domestic demand pushed imports to a record high.

The Commerce Department said on Tuesday the trade gap increased 5.3 per cent to US$53.1 billion. That was the

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