U.S. trade deficit

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The U.S. trade deficit "hit a record $68 billion" in July 2006, "as surging global oil prices pushed America's foreign oil bill to the highest level in history," the U.S. Department of Commerce reports. [1]

"So far [in 2006], the deficit is running at an annual rate of $776 billion, putting the country on course to rack up a record annual deficit for the fifth straight year," Martin Crutsinger reported in the September 12, 2006, Washington Post.

Related SourceWatch Resources

External links


  • "Trade Ticker" posted on American Economic Alert website: "the web's only up-to-the-second counter for the U.S. Trade Deficit."

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