Trade Deficit Narrows to $40.3 Billion
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From Associated Press
The U.S. trade deficit narrowed in February to $40.3 billion as prewar jitters crimped Americans’ demand for foreign goods, especially computers, machinery, toys and jewelry, the Commerce Department reported. Exports edged up.
The gap tightened 2.2% from January’s deficit of $41.2 billion.
Imports of goods and services nudged down 0.4% in February to $122.8 billion.
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