US trade deficit widens in November on imports jump
Donald Trump's return to the White House.
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With Trump set to take office later this month, trade imbalances in the world's biggest economy could again come under the spotlight.
In his first term, Trump engaged in a tit-for-tat tariffs war with China, the world's second biggest economy — with an eye on shrinking the trade gap between both countries.
In November, the US trade deficit rose 6.2 percent to $78.2 billion, said the Commerce Department on Tuesday.
This was slightly more than the $77.9 billion figure expected by a Briefing.com consensus forecast, and marked a widening from October's revised $73.6 billion figure.
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