Bush's Trade Deficit Hits $61.04 Billion in Feb.

The U.S. trade deficit hit a record monthly high of $61.04 billion in February as imports of oil and textiles surged while American exports barely budged.

The deficit figure sent tremors through Wall Street with investors worrying that the huge amount of foreigners' money America needs to finance the deficit could at some point trigger a freefall in the dollar and aggravate U.S. inflation problems.
(ABC)