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Saturday November 16th 2024

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Chinese Imports Help Lower U.S. Trade Deficit

Chinese Imports Help Lower U.S. Trade Deficit

The United States October  trade deficit dropped to the lowest level since January according to a government report issued Friday. Imports were down by half a percent to $197.4 billion, while exports rose 3.2 percent, to $158.7 billion. Exports to China reached a high while India and other emerging Asian nations contributed to the bulk of the [...]