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Trade deficit rises to nine-month high in October
Published Tue, Dec 5, 2017 · 09:50 PM
Washington
THE US trade deficit increased more than expected in October, hitting a nine-month high as rising oil prices helped to boost the import bill, suggesting that trade could be a drag on growth in the fourth quarter.
The Commerce Department said on Tuesday the trade gap widened 8.6 per cent to US$48.7 billion.
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