US trade deficit unexpectedly widens in February
4/10/2008 9:27:19 AM The US trade deficit unexpectedly widened in the month of February, according to a report released by the Department of Commerce on Thursday, with the value of imports increasing at a faster rate than the value of exports.
The US trade deficit widened unexpectedly in October as imports from China rose to a new high and the volume of oil imports rebounded as prices fell by a record amount, a Commerce Department report showed today.