Truckers transport cargo in the Port of Long Beach, Calif., on Nov. 29, 2023. John Fredricks/The Epoch Times
Since President Donald Trump unveiled the contours of his global tariff plans, the U.S. trade deficit has registered a sharp turnaround after years of staggering trade imbalances.
In October, the goods and services trade deficit declined by 39 percent from the previous month to $29.4 billion—the smallest monthly deficit in 16 years.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/us/april-october-us-trade-deficit-shrinks-25-percent-how-did-this-happen-5973139/?utm_source=partner&utm_campaign=whatfinger