Tue, 21-Oct-2025

US trade deficit saw big export-fueled drop in October: govt

Mari Petroleum

WASHINGTON: Strong American export business caused a large drop in the US trade deficit last month, even as imports also rose, according to government data released on Tuesday. The gap between imports and exports of goods and services dropped 17.6 per cent to $67.1 billion last month, bringing the trade deficit down from a record … Read more

US trade gap yawns wider as imports outspace exports in August

exports

WASHINGTON, Oct 5, 2021 (AFP) – The US trade deficit rose in August with imports overwhelming exports as the US economy bounces back from last year’s pandemic shock, government data said Tuesday. The Commerce Department reported the trade deficit climbed to $73.3 billion from the upwardly revised $70.3 billion the month prior, more than analysts had … Read more