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LATEST US DATA

Trade gap in Sept narrows to 7-month low as fuel imports fall

Shrinking deficit eases concerns that slower global growth, stronger dollar will hurt US economy

Washington

THE US trade gap shrank in September to a seven-month low, reflecting declining purchases of foreign fuel as the world's largest economy continued its drive toward energy independence.

The deficit decreased 15 per cent to US$40.8 billion from a revised US$48 billion in