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October imports a record $244.6B

Trade gap biggest since January; deficit up 11.9% in year

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Photographs by AP

Cranes sit idle at the Port of Baltimore in late 2016. The U.S. trade deficit widened in October to a nine-month high on record imports that reflect steady domestic demand, the Commerce Department reported Tuesday.

Record imports lifted the U.S. trade deficit to $48.7 billion in October, highest since January.

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