U.S. trade deficit jumps 23% to six-month high as imports rebound

U.S. trade deficit jumps 23% to six-month high as imports rebound

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The U.S. trade deficit jumped 23% in April to a six-month high of $74.6 billion, reflecting an increase in imports such as cell phones and foreign autos. Exports fell. The trade gap rose $14 billion from $60.6 billion in March. Larger deficits subtract from gross domestic product, the official…

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