US Trade Deficit Widens To $38.70B In December

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The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce,announced Yesterday that total December exports of $191.3 billion and imports of $230.0 billion resultedin a goods and services deficit of $38.7 billion, up from $34.6 billion in November, revised.December exports were $3.5 billion less than November exports of $194.8 billion. December importswere $0.6 billion more than November imports of $229.4 billion.