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LATEST US DATA

Trade gap at 5-year low as imports slump

West Coast ports labour dispute leads to Feb deficit narrowing by US$7.2b to US$35.4b

Washington

THE trade deficit in the US shrank in February to the lowest level in more than five years as a labour dispute at West Coast ports contributed to the weakest reading on purchases from abroad since 2011.

The gap, which measures the difference in the value between imports...

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