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Daily Digit: $38.5 Billion Trade Gap

Description:The Daily Digit is $38.5 billion. The U.S. trade deficit dropped to $38.5 billion in December, its narrowest point in nearly three years, the Commerce Department said on Friday. Reason? A surge in exports and lower imports of oil, mostly. The tapered number surprised analysts polled by Reuters, who expected a deficit of $46 billion. (0:37)

Source: Reuters

Tags: reuters

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