U.S. trade deficit widens in May as oil prices lift import bill

WASHINGTON, July 6- The U.S. trade deficit widened more than expected in May as rising oil prices helped to push up the import bill and exports remained constrained by the lingering effects of a strong dollar. The Commerce Department said on Wednesday the trade gap increased 10.1 percent to $41.1 billion. The dollar's sharp rally against the currencies of the......(read more)

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