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Business / Economy

U. S trade deficit jumps to 12-year high in July

Published Sep 03 2020 at 1:52 PM GMT
CNBC

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  • The US trade deficit surged to its highest level since 2008 in July amid a record increase in imports, suggesting that trade could be a drag on economic growth in the third quarter.
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  • Published Sep 3, 2020 1:52 PM GMT