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WASHINGTON (AP) — The U.S. trade deficit narrowed to $67.1 billion in October, the lowest in six months, after hitting a record high in September. A big rebound in exports
The next 80 days or so. >> we've got work happening at the ports seven days a week today. we want to make sure we're in sync with the other players in the supply chain. >> we're certainly trying to move to more effective 24/7 operations. i'm not sure how much of that we're actually going to get done in the near term, but it's a good goal. >> reporter: a major chokepoint, the ports of l.a. and long beach where 77 ships are waiting offshore and 25 more are arriving in the next three days. >> today we're at six imports for every export container. that's the widest trade gap we've seen. >> reporte...
>> so right now there's 77 ships basically offshore. another 25 arriving in the next three days, neil. a sign of course of our dependence, our trade gap with china, which went up 11% in august. trade deficit up 34% over last year. >> neil: incredible. thanks, william. and ed, i was thinking of you. i don't know what is worse for the fast food industry. labor prices are out of control or adele giving up fast food. she loses over 100 pounds. she's an iconic symbol. the worst of both worlds there, my friend. >> i'm interesting in how she fears about mature, chubby bald guys. don't tell barbara i ...
Truckers don't have enough chassis or tractors or enough drivers to manage the flow of goods that continues to bottle neck at the port. >> it's going to begin respect onning 24 hours a day, seven days a week. >> but officials admit the president's ambitious target isn't happening soon at scale. >> we've been mostly focused on the next 80 days or so. >> we've got work happening at the port seven days a week today. but we want to make sure we're in sync with the other plays in the supply chain. >> we're certainly trying to move to more effective 24/7 operations. i'm not sure how much of that we'...
Administration has been to ramp up operations at a major u.s. port. we're talking about the port of los angeles. officials tell fox that effort could take up to three months as the holiday season looms. senator tom cotton is standing by. first, let's bring in the national correspondent, william la jeunesse with more. >> trace, the cranes behind me are silent as they have been every day that week at 5:00 a.m. when we arrive despite the president's promise hoff getting another shift up at 3:00 to 7:00 a.m. right now there's six containers arriving here for every one that leaves. that reflects th...