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US trade gap narrows 7.6 percent to $47.2 billion in October

The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped. The Commerce Department said Thursday that the gap between what America sells and what it buys abroad dropped 7.6 percent to $47.2 billion in October. Imports tumbled 1.7 percent to $254.3 billion on reduced purchases ...
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