US EditionUS September trade deficit lowest in more than five years as goods exports soar
The U.S. trade deficit fell 10.9% to $52.8 billion as exports rose 3% to $289.3 billion, driven by tariff-driven shifts in trade flows, Commerce Department data showed.
- The U.S. trade deficit narrowed to $52.8 billion in September, the smallest gap since June 2020, driven by a 3% jump in exports to $289.3 billion, the second-highest level on record.
- While imports edged up 0.6% to $342.1 billion, gains were modest compared to earlier this year, with notable increases in pharmaceutical imports and non-monetary gold.
- Despite the September improvement, the year-to-date goods and services deficit rose 17.2% from the same period in 2024, with imports outpacing exports.
26 Articles
26 Articles
U.S. Trade Gap Narrows As Exports Jump Faster Than Imports
Key Points The U.S. trade deficit shrank to 52.8 billion dollars in September, well below market forecasts. Exports grew five times faster than imports, showing surprising resilience in American industry and services. The numbers will fuel a fierce political debate over growth, jobs and the role of government in the economy. The latest trade report […]
US Trade Deficit Unexpectedly Falls to 5-Year Low as Exports Surge - The Thinking Conservative News
Trump’s tariffs helped reduce the U.S. trade deficit, bringing it to its lowest monthly level in over five years, new federal data shows. The post US Trade Deficit Unexpectedly Falls to 5-Year Low as Exports Surge appeared first on The Thinking Conservative News.
September trade deficit lowest in more than five years
The U.S. trade deficit in September dropped to its lowest level in more than five years, the Census Bureau and the Bureau of Economic Analysis announced on Thursday. The monthly report for September shows a deficit of $52.8 billion, down $6.4 billion from August’s revised number of $59.3 billion – itself a dramatically lower figure compared to July’s $78.2 billion. The September gap was the lowest since June 2020, when the deficit was $49.2 bill…
DNyuz
Breaking OneTariffs Shrank Trade Deficit in September, New Data Show
The Trump administration’s tariffs continued to weigh on trade in September, as imports grew just 0.6 percent from August to $342.1 billion, newly released data from the Commerce Department showed Thursday. Exports rose 3 percent in the month, to $289.3 billion. Because exports grew by more than imports, the U.S. trade deficit shrank, in line with the Trump administration’s goals. The trade deficit in goods and services narrowed by more than 10 …
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