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U.S. trade deficit widens in May to $54.6 billion

Christian Fernsby |
The U.S. trade deficit widened by 9.7% in May to $54.6 billion, the government said.

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Topics: U.S.    DEFICIT   

Exports in May fell 4.4% to $144.5 billion, while imports declined 0.9% to $199.1 billion.

Total exports are down 32% from May 2019, while imports are down 25%, as the coronavirus pandemic slows global trade.

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