US trade deficit widened significantly in the month of November, according to a report released by the Commerce Department on Thursday. The report said the trade deficit widened to $80.2 billion in November from a revised $67.2 billion in October. The wider than expected trade deficit came as the value of imports spiked by 4.6 percent to $304.4 billion in November after jumping by 1 percent to $291.0 billion in October.
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