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U.S. trade deficit expands in September
U.S. trade deficit expands in September

The U.S. trade deficit rose in September as exports slumped, a sign that the world's biggest economy is starting to feel the impact of weakening global growth. The Commerce Department said Tuesday that the trade deficit rose 7.6 percent to $43 billion in September. That marks the first increase in four months. A deficit occurs when a country imports more than it exports. Economic slowdowns in Europe and China appear to have hurt demand for American-made goods. Since September, the dollar has appreciated in value more than 4 percent against the euro to $1.25, making U.S. products less competitively priced abroad. Exports fell 1.5 percent to $195.6 billion, led by declines in...

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