The U.S. trade deficit rose from $40.3 billion in September to $42.3 billion in October, the Commerce Department said Tuesday.
Among major trading partners, the trade gap with China rose from $29.1 billion to $29.5 billion and from $7.1 billion to $8.6 billion with the Organization of Petroleum Exporting Countries.
The deficit with the European Union also rose, climbing from $8.6 billion to $10.6 billion. With Japan it rose from $4.8 billion to $7 billion.
The department also revised September's deficit. It was previously announced as a gap of $41.5 billion.
As for other trading partners, the trade gap rose slightly with Germany, Ireland, Nigeria, Taiwan and Venezuela.
Most Popular Stories
- Social Media Initiatives Should Follow Customers' Lead
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- UTEP Water Recycling Project Wins Venture Titles
- Crude Oil Up, Gasoline Down
- Bieber Booed at Billboard Awards
- Apple Said to Duck Billions in Taxes
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion