BUSINESS DIGEST
Trade Deficit Soars, But the Markets Yawn The trade deficit jumped 68 percent in January to a record $12.2 billion amid strong evidence that the imbalance -- commonly caused by Asian exports -- is being worsened by Mexico's economic crisis. The gap with Mexico totaled $863 million, in contrast to a $19 million surplus in December, and it seems likely to worsen. The severity of the deficit, a result of a sharp decline in exports and a jump in imports, took the Clinton Administration by surprise. The White House is concerned that the trade figures could keep the dollar weak. A1.
