International Economic

US trade deficit shrinks to 16-year low

By Benjamin Chiou

Date: Thursday 08 Jan 2026

(Sharecast News) - America's trade deficit with the rest of the world fell to its lowest in more than 16 years in October, according to the Bureau of Economic Analysis, as exports hit a record high while imports slumped.
The goods and services trade balance increased to -$29.4bn in October, compared...

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