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URGENT ¥¥¥ US trade gap shrinks to $38.5 bn in December

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(Globalpost/GlobalPost)

The US trade deficit shrank more than expected in December, to $38.5 billion, as imports dropped sharply, Commerce Department data released Friday showed.

The trade shortfall was well below the average analyst estimate of $45.4 billion.

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http://www.globalpost.com/dispatch/news/afp/130208/urgent-us-trade-gap-shrinks-385-bn-december