Job hunters line up for interviews at an employment fair in New York City. (AP Photo/Mark Lennihan)
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The U.S. trade deficit in December widened sharply to its highest level since 2012 as a stronger dollar appeared to suck in imports and weigh on exports, which could see the fourth-quarter economic growth estimate revised lower.U.S. stock index futures held gains after the data, while prices for U.S. Treasuries extended declines.Imports of non-petroleum products surged to a record high, also reflecting the strength of the U.S. dollar.But with the dollar's rise, exports slipped 0.8 percent to $194.9 billion in December, an eight-month low.Exports have been hurt by slowing growth in Asia and Europe, a strengthening dollar, as well as a labor dispute at U.S. West Coast ports, which has been cited by some manufacturers as causing delays in the movement of goods.
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