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US Trade Gap Falls to Lowest Level in 4 Years

The U.S. trade deficit has fallen to its lowest level in four years, with record exports sent overseas by American businesses in November. The Commerce Department reported Tuesday that the U.S. trade gap dropped to about $34 billion in November, the lowest figure since October 2009. The trade deficit reduction points to stronger demand abroad for American products and services. Stronger exports could continue to boost the U.S. economy, the world's largest, as it recovers from a...

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