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Economic Report: U.S. trade deficit climbs 4.2% to record $73.3 billion as imports surge ahead of holidays

Economic Report: U.S. trade deficit climbs 4.2% to record $73.3 billion as imports surge ahead of holidays

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The numbers: The U.S. trade deficit rose 4.2% in August to a record high, reflecting strong imports of medicine and consumer goods as retailers stocked up ahead of the holiday shopping season.

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