The U.S. trade deficit widened in May to its highest level in six months as a sluggish global economy depressed U.S. exports. Fewer exports mean U.S. growth in the April-June quarter could be weaker than previously forecast.
The trade deficit rose to $45 billion in May, up 12.1 percent from $40.1 billion in April, the Commerce Department said Wednesday. It was the largest trade gap since November.
Exports slipped 0.3 percent to $187.1 billion. Sales of American farm products dropped to their low...
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