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July 11, 2012

Trade Deficit in U.S. Probably Narrowed on Cheaper Oil Imports

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The trade deficit in the U.S. probably narrowed in May as falling crude oil prices and weakening demand helped trim the import bill, economists said before a report today. The gap narrowed to $ 48.6 billion from $ 50.1 billion in April, according to the median of 70 estimates in a Bloomberg News s... FF News: Fundamental

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