Oil Prices Propel Us Deficit to a Record High

Daily MailApril 13, 2005

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Summary


AMERICA'S trade deficit soared to an all-time high of $61bn in February, fuelled by a rise in oil prices.

The shortfall in February compares with a deficit of $58.6bn in January and the previous record of $59.4bn in November.

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Oil Prices Propel Us Deficit to a Record High

So far the fall in the US dollar ...

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