US trade deficit hits record high
Tracy Press
11/11/05
The trade deficit surged to a record in September as oil imports hit an all-time high, driven up by hurricane-related shutdowns of Gulf Coast production. The deficit with China also hit a record as that country shipped a flood of televisions, toys and clothing to the United States, triggering demands that President Bush take a hard line on what Democrats in Congress called China's unfair trading practices. The Commerce Department reported Thursday that September's trade deficit was a record $66.1 billion, 11.4 percent higher than August and much worse than economists had been forecasting...
http://www.tracypress.com/2005-11-11-biz-one.php
Informant: Thomas L. Knapp
11/11/05
The trade deficit surged to a record in September as oil imports hit an all-time high, driven up by hurricane-related shutdowns of Gulf Coast production. The deficit with China also hit a record as that country shipped a flood of televisions, toys and clothing to the United States, triggering demands that President Bush take a hard line on what Democrats in Congress called China's unfair trading practices. The Commerce Department reported Thursday that September's trade deficit was a record $66.1 billion, 11.4 percent higher than August and much worse than economists had been forecasting...
http://www.tracypress.com/2005-11-11-biz-one.php
Informant: Thomas L. Knapp
Starmail - 11. Nov, 18:17
