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Smaller US trade deficit supports strong economic growth estimates for third quarter

Retrieved on: 2024-10-08 19:01:42

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Summary

The article discusses the U.S. trade deficit in August, highlighting how increased crude oil and other exports and falling crude oil imports, impacted international trade. This relates to the concept of 'Crude Oil' through its role in the balance of payments and trade, influencing the U.S. and foreign economies like Russia. Tags reflect this broader economic context, emphasizing the dynamics of international trade and currency impacts.

Article found on: www.investing.com

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