The U.S. trade deficit, including goods and services, climbed 30% on a year earlier in February to reach $58 billion on a seasonally adjusted basis. That was the highest since October 2008 and above economists’ expectations. The expansion was partly due to a $1 billion rise in intellectual property imports linked to the Olympic winter games. An 18% rise in the goods deficit was driven predominantly by a 27% surge in the balance with China. In dollar terms China accounted for 67% points of the rise in the goods deficit and reached $386 billion in the past 12 months. That increases the ...