Fox: Due to a big jump in oil imports and slump in exports, the U.S. trade deficit widened in January to $44.4 billion. On Thursday the Commerce Department said the deficit rose by 16.5 percent from December. U.S. exports dropped 1.2 percent to $184.5 billion, reflecting declines in sales to Europe, China, Japan and Brazil. Imports rose 1.8 percent to $228.9 billion as oil imports surged 12.3 percent. Yet despite the wider deficit in January, economists still believe the deficit this year will narrow...
URL: http://latino.foxnews.com/latino/money/2013/03/07/us-trade-deficits-increases-by-billions-as-oil-imports-rise/
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