Trade deficit hits new record highQuicklink submitted by Rob Kall Permalink
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|America's trade deficit unexpectedly jumped to a new record in August, providing ammunition for Democrats to attack Republican trade policies in the closing weeks of the fall election campaign. The gap between what the U.S. exports and what it imports rose by 2.7 percent to $69.9 billion, marking the second straight month it has set a new record, the Commerce Department reported Thursday.|
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