Saturday, August 29
The US trade gap narrowed unexpectedly in September to the smallest since 2020, delayed government data showed Thursday, as imports rose just slightly while President Donald Trump's new tariffs set in.The overall trade deficit fell 10.9 percent in September to $52.8 billion, the lowest since mid-2020 during the Covid-19 pandemic.This came as exports rose 3.0 percent to $289.3 billion, while imports edged up 0.6 percent, the Commerce Department said.The trade figures are the latest in a series of government economic reports postponed due to a record-long government shutdown between October and mid-November.This had left officials and companies to navigate policy and business decisions without key indicators on the health of world's biggest economy.Trump's tariff hikes on dozens of US tradin
