U.S. goods trade deficit widens as imports rebound

WASHINGTON — The U.S. goods trade deficit increased sharply in December as imports rebounded, offsetting a small rise in exports, but trade is still expected to have supported economic growth in the fourth quarter. The Commerce Department said on Wednesday the goods trade gap surged 8.5% to $68.3 billion last month. The goods trade deficit had dropped for three straight months, driven by...