Washington, Oct 8, 2024 (AFP) - US trade gap narrowest in five months as imports slip

NAMPA / AFP

2024-10-08

An uptick in exports and fall in imports brought the August US trade deficit to its lowest level in five months, according to government data released Tuesday. The overall trade gap in the world's biggest economy was $70.4 billion, said the Department of Commerce, down from a revised $78.9 billion in July. This was narrower than analysts expected and the lowest since March. Exports rose by 2.0 percent to $271.8 billion, helped by goods like aircr......

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