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Trade deficit down to one-year low in March
Published Wed, Apr 27, 2016 · 09:50 PM
Washington
AMERICA's merchandise trade deficit shrank to US$56.9 billion in March, the lowest in more than a year, advanced data issued by the Commerce Department showed on Wednesday.
The 10.3 per cent improvement from February's final reading of a US$63.4 billion gap reflected a collapse in imports of goods, which reached the lowest level in more than five years. The decline in merchandise enter…
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