US trade deficit widens in October from a nearly 3-year low
WASHINGTON — The U.S. trade deficit climbed in October from its lowest monthly level in nearly three years. Imports of consumer goods such as medicine, cell phones and clothing increased, while exports of soybeans tumbled_fueling the monthly widening of the trade gap.
The Commerce Department said Tuesday that the deficit rose to $42.6 billion in October, up 17.8 percent from September. The $36.2 billion trade deficit in September was the lowest since December 2013.