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US Goods-Trade Deficit Widens as Levies Rise on Chinese Items

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The U.S. merchandise-trade deficit widened in May to a five-month high amid a surge in imports following President Donald Trump’s decision to increase levies on $200 billion of items from China. The gap increased to $74.5 billion from $70.9 billion in the prior month, according to a Commerce Department report Wednesday. That compared with the…

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