قالب وردپرس درنا توس
Home / Business / The US trade deficit reaches $ 51.15 billion against $ 57 billion.

The US trade deficit reaches $ 51.15 billion against $ 57 billion.



The trade deficit between the US and its global partners fell sharply to $ 51.15 billion in January as exports rebounded in late 2018 after a slowdown, the Commerce Department reported Wednesday.

.9 billion from December to $ 207.3 billion, while imports dropped from $ 6.8 billion to $ 258.5 billion. The commodity deficit narrowed 10 percent to $ 73.3 billion, while service surplus increased to $ 22.1 billion.

China in particular represented a good part of the decline in the trade balance as the deficit fell by $ 5.5 billion, while imports fell by 12.2 percent to $ 40.8 billion. The two nations have been involved in a collective bargaining battle where officials are trying to work out a long-term framework that opens up markets for US goods.


Source link