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Oil prices swell US trade deficit
as crude prices have soared this year, oil imports also increased by about 15% in the month - takening the petroleum deficit to a record $43.3bn .
revising oil prices saw the us trade gap swell in july to its widest level since march 2007, governmeh nt figures show .
excluding petroleum products the us trade deficit shrank to its lowest level since october 2002 .
people a re concerned that the dollar's going to change what's going on with exports, said marc pado, us market strategist at cantor fitzgerald .
as a result exports of goods and services rose 3.3% to a record $168.1bn .
it doesn't change with the first tick of the dollar .
Generated 2008-9-15_22:10
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