US goods trade deficit slims in August as imports decline
The US goods trade deficit narrowed in August, numbers on Thursday showed.
According to the Census Bureau, the trade deficit slimmed to USD85.8 billion last month from USD102.8 billion in July.
Exports shrunk by USD2.3 billion on-month to USD176.1 billion. Imports fell at a faster pace of USD19.6 billion to USD261.6 billion.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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