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US trade deficit widens to $45 billion in May

America's trade deficit increased, may at the highest level in six months, because of the weak global economy depressed us and other non-petroleum products export sales of imported cars, also hit a record high.
In may the ministry of commerce said the trade deficit rose to $45 billion, or 12.1%, higher than April's $4.01 billion balance. This is one of the largest trade gap since November.
Exports fell 0.3% to $187.1 billion in U.S. sales of agricultural products at the lowest point in more than two years. In many European countries of the economic recession, exports have been hurt in the United States.
Imports rose 1.9%, to $232.1 billion, non-oil imports hit a record high.
Run trade deficits at an annualized rate of $501.2 billion, 6.3% lower than the same period last year.



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