US trade gap narrowest in five months as imports slip

Legit | 09-10-2024 01:42am |

An uptick in exports and a fall in imports brought the August US trade deficit to its narrowest in five months, according to government data released Tuesday. The goods deficit with China -- a point of contention during the trade war between the United States and China -- slid by $2.6 billion to $24.7 billion in August, according to Commerce Department data.

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