Oct. U.S. trade deficit up 4.9% to $42.2 billion

The U.S. trade deficit climbed 4.9% to $42.2 billion in October from a downwardly revised $40.3 billion in September, the Commerce Department said Tuesday. Imports decreased by 2.1% to $222.8 billion, but exports fell by a larger 3.6% to $180.5 billion. Economists surveyed by MarketWatch forecast…

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Oct. U.S. trade deficit up 4.9% to $42.2 billion