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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


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...

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