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US trade gap hits new record in January as tariff fears loomed
US trade gap hits new record in January as tariff fears loomed
Economy
by  AFP

The US trade deficit surged to a new record in January, government data showed Thursday, as imports spiked while tariff worries flared in the month of President Donald Trump's inauguration. In January, imports came in at $401.2 billion, and this was $36.6 billion more than the level in December, Commerce Department data showed.