US trade deficit widens 1.9% to $68.9 bn in February on strong imports

The U.S. trade deficit increased for a second consecutive month in February, reaching $68.9 billion. This increase was attributed to a record high in exports but also to surging imports, suggesting trade could be a drag on economic growth in the first quarter. The goods trade deficit increased 1.2% to $87.0 billion when adjusted for inflation.
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