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US trade deficit widens by 7.1% in June, showing effect of firm dollar
Companies added 185,000 workers to payrolls in July, fewest since April: report
Add BT as a preferred sourcePublished Wed, Aug 5, 2015 · 09:50 PM
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Washington
THE trade deficit in the US widened in June as the strong dollar lifted imports and hobbled exports, representing a hurdle for economic growth.
The gap grew by 7.1 per cent to US$43.8 billion, the largest in three months, Commerce Department figures showed on Wednesday in Washington. The median forecast in a Bloomberg survey of 67 economists called for a widening to US$43 billion.
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