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flag U.S. trade deficit reached a record $131.4 billion in January, fueled by rising imports.

flag The U.S. trade deficit hit a record high of $131.4 billion in January, up 34% from the previous month, due to a 10% rise in imports. flag The surge in imports, particularly of industrial supplies, consumer goods, and gold, is believed to be driven by businesses rushing to secure goods before potential tariffs. flag Despite a 1.2% increase in exports to $269.8 billion, the deficit widened, raising concerns about its impact on first-quarter economic growth.

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