The U.S. trade gap widened to the largest deficit in five months to $47.8 billion compared to an expected $45.0 billion. Imports rose 1.3 percent to $225.6 billion as Americans bought more industrial supplies from abroad and spent more on foreign oil.
The U.S. trade deficit with China narrowed to $26.9 billion in November, with American exports to the Asian giant rising to $9.9 billion.
Source: < ahref="http://www.reuters.com/article/2012/01/13/us-usa-economy-trade-idUSTRE80C0Y120120113" Target=_blank>Reuters
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