FX & CFD trading involves significant risk
The U.S. Commerce Department released the trade data on Tuesday. The U.S. trade deficit widened to $47.06 billion in February from a deficit of $45.88 billion in January. January's figure was revised down from a deficit of $45.68 billion.
Analysts had expected a trade deficit of $46.2 billion.
The rise of a deficit was driven by a rise in imports. Exports increased by 1.0% in February, while imports rose by 1.3%.
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