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FreightWaves Staff Wednesday, February 27, 2019

Exports tumble as the goods trade deficit widens

The U.S. trade deficit in goods widened to a record in December 2018 as a sizeable decline in goods exports was paired with a jump in goods imports. This reversed the decline in the deficit from the previous month, and the drop in goods exports sent yearly growth into negative territory for the first time in over two years.

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