U.S. Trade Deficit Posts Sharpest Monthly Widening in Over Three Decades
The U.S. trade deficit widened dramatically in November, marking its largest monthly percentage increase in nearly 34 years as a surge in imports outpaced weakening exports. Government data released Thursday showed the trade gap expanded by 94.6 percent to 56.8 billion dollars, far exceeding market expectations. Economists had anticipated a more modest increase, but a […]