US trade deficits rise despite export growth

TomoNews Funnies 2012-01-10

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http://nma.tv | http://www.nma.com.tw Despite solid export growth the US trade deficit increased from April to May 2010. This is because US imports are rising even faster. The 4.8 percent increase in the US trade deficit caught many observers by surprise. While some say higher exports signal a return of consumer confidence, others worry that the rise in trade deficits could threaten future growth. 

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