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US trade deficit shrinks on decline in imports

The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially positioning trade to contribute to economic growth in the fourth quarter.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 05

Introduction

The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially positioning trade to contribute to economic growth in the fourth quarter.

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