U.S. trade deficit jumps 4.8% to $71.1 billion in February

THE UNITED STATES trade deficit grew to $71.1 billion in February, as a decline in exports more than offset a slight dip in imports. The February gap between what America buys from abroad compared to what it sells abroad jumped 4.8% the revised January deficit of $67.8 billion. The increase reflected a 2.6% decline in exports of goods and services to $187.3 billion on a seasonally adjusted basis. / AP FILE PHOTO/LYNNE SLADKY
SILVER SPRING, Md. (AP) – The United States trade deficit grew to a record $71.1 billion in February as a decline in exports more than offset a slight dip in imports, with severe weather taking much of the blame from analysts, who were expecting a slightly lower gap. The coronavirus pandemic has stifled global trade…

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