U.S. on verge of first annual decline in trade deficit since 2013
The numbers: The trade deficit fell sharply in November for the second month in a row and sank to the lowest level in three years, reflecting a decline in Chinese imports and the reemergence of the U.S. as an energy superpower.
The trade gap dropped 8.2% to $43.1 billion in November, the government said Tuesday. It’s the smallest deficit since October 2016.
U.S. trade deficit sinks 8% to 3-year low of $43.1 billion in November amid China trade war
Another promise kept by President Trump.
The numbers: The trade deficit fell sharply in November for the second month in a row and sank to the lowest level in three years, reflecting a decline in Chinese imports and the reemergence of the U.S. as an energy superpower.
The trade gap dropped 8.2% to $43.1 billion in November, the government said Tuesday. It’s the smallest deficit since October 2016.
U.S. trade deficit sinks 8% to 3-year low of $43.1 billion in November amid China trade war
Another promise kept by President Trump.