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Trade gap unexpectedly shrank in August

The U.S. trade deficit unexpectedly narrowed in August as exports climbed to the highest level of the year and oil imports plunged. The gap fell 3.6 percent to $30.7 billion from a revised $31.9 billion in July, the Commerce Department said Friday in Washington. The 0.2 percent increase in demand for American-made goods abroad would have ...

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