U.S. Trade Deficit Falls to $29.4B in October, Lowest Since 2009

The U.S. trade deficit in goods and services narrowed sharply to $29.4 billion in October, the lowest monthly level since 2009, according to new Commerce Department data. The decline came as imports fell 3.2% while exports rose 2.6%, a shift partly driven by tariffs imposed under Donald Trump. Despite the improvement, the overall trade deficit […]