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US Trade Deficit Widens to 105.6 Billion Dollars

The US trade deficit expanded to 105.6 billion dollars in August, marking a 13.7 percent increase from the previous month. The figure exceeded the 102 billion dollar consensus estimate from Dow Jones. This represents the widest trade gap recorded since the period immediately preceding the implementation of tariffs last year. Market participants are monitoring whether this trend in trade data persists in upcoming monthly reports.

Source: CNBC Economy

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