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Economics

US Trade Deficit Down to $38.8 Billion

Down 11 percent, largely on lower crude oil imports

Reason Staff | 5.2.2013 9:24 AM

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The U.S. trade deficit narrowed for a second month in March as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low.

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NEXT: Euro Up as Central Bank Cuts Interest Rates to .5 Percent

Reason Staff
EconomicsFree TradeGlobalization
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