US trade deficit at record $66bn

BBC NEWS | Business | US trade deficit at record $66bn:
"The US trade deficit with the rest of the world jumped to a record $66.1bn (�37.8bn) in September, as oil prices soared following Hurricane Katrina.

Overall imports to the US rose by 2.4% during the month to $171.3bn, while exports fell by 2.6% to $105.2bn, the US Commerce Department said.

The soaring US deficit came as China reported a record $12bn global trade surplus of its own in October."