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US trade deficit widens by the most in nearly 34 years in November

(Reuters) - The U.S. trade deficit widened by the most in nearly 34 years in November amid a surge in capital goods ​imports, likely driven by an artificial intelligence investment boom, which could prompt economists ‌to trim their economic growth estimates for the fourth quarter. The trade gap increased 94.6% to $56.8 billion, the ‌Commerce Department's Bureau of Economic Analysis and Census Bureau said on Thursday. The percentage change was the largest since March 1992. Economists polled by ...

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