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Trade deficit balloons to record high in January as companies scramble to import goods to avoid tariffs

The numbers: The U.S. international trade deficit widened 34% in January to $131.4 billion, the Commerce Department said Thursday. It’s the widest deficit going back to the start of the series in 1992 ...
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U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs

The numbers: The U.S. trade deficit in goods exploded to a record high in January as businesses raced to acquire foreign goods ahead of new tariffs. The trade gap widened by 25.6% to a record $153.3 ...