American's trade gap largely expended as Dollar strenghtened

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Source: Bloomberg
The US trade deficit in December widened sharply to its highest level since 2012, due to strong Dollar which spurred import, and may lower fourth quarter economic growth forecasts. The trade deficit soared 17.1% to $46.6 billion, posting the largest gain since November 2012. Meanwhile, during the previous year, the trade gap expanded 6 % to $505 billion, while the record was registered in 2006 year at $761.7 billion.
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