Home Business AP Business US trade deficit rises to $48.7 billion on record imports

US trade deficit rises to $48.7 billion on record imports

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This Oct. 24, 2016, photo, shows a line of cranes at the Port of Baltimore in Baltimore. On Tuesday, Dec. 5, 2017, the Commerce Department reports on the U.S. trade gap for October. (AP Photo/Patrick Semansky)

WASHINGTON (AP) — Record imports lifted the U.S. trade deficit to $48.7 billion in October, highest since January.