US Trade Deficit Falls to $74 Billion in October
By Naveen Athrappully America’s trade deficit dipped in October from the previous month, with imports and exports falling more than usual, according to recent government data. The trade deficit—when imports exceed exports—came in at $73.8 billion for October, the U.S. Bureau of Economic Analysis said in a Dec. 5 statement. This was 11.9 percent lower compared to September.
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