US trade deficit drops to $44.4 billion in May

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In this Monday, April 21, 2014 photo, a worker inspects a crate that will be loaded on the Amsterdam-bound Fortunagracht at the Port of Cleveland in Cleveland. The Commerce Department releases international trade data for May on Thursday, July 3, 2014. (AP Photo/Tony Dejak)WASHINGTON (AP) — The U.S. trade deficit fell in May as U.S. exports hit an all-time high, helped by a jump in exports of petroleum products. Imports dipped slightly.


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