TRADE DEFICIT JUMPS UP, AGAIN

Tuesday, July 19, 1994
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The trade deficit ballooned in May to $9.17 billion, up from $8.53 billion the month before. Imports also set a record high, reaching $65.45 billion. The figures usually prompt finger wagging at Japan, but Tokyo's trade surplus with the U.S. actually slid. More troublesome were the economically lagging Euro economies, exporting to a healthier American market but not yet increasing their spending on Yankee goods.