US trade gap widens more than expected in May

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Source: WBP Online
The US trade deficit widened to $60.6 billion in May, following the 57.5 billion gap seen in the previous month and surpassing the 59.4 market forecast, fresh figures from the Department of Commerce showed on Monday. The country's exports dropped 0.5% to $119 billion, whereas imports grew 1.4% to $179.6 billion last moth.

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