The U.S. Trade Deficit Unexpectedly Narrows to the Lowest Level Since 2020

BlockBeats News, December 11: Due to an increase in exports, the U.S. trade deficit unexpectedly narrowed in September to its smallest level since mid-2020. Data released by the U.S. Department of Commerce on Thursday showed that the goods and services trade deficit shrank by nearly 11% from the previous month to $52.8 billion, compared to market expectations of $63.1 billion. (FX168)