US Trade Deficit Nearly Doubles in November as Imports Surge, Exports Fall
World
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Moneycontrol•29-01-2026, 20:33
US Trade Deficit Nearly Doubles in November as Imports Surge, Exports Fall
- •The US trade deficit expanded significantly in November, nearly doubling to $56.8 billion from the previous month.
- •This widening follows the smallest trade gap since 2009, driven by a rebound in imports and a decline in exports.
- •Imports increased by 5%, boosted by pharmaceuticals, capital goods like computers and semiconductors, while overall exports fell 3.6%.
- •The volatility in trade data is linked to the Trump administration's tariff policies, causing swings in specific goods.
- •Despite the November widening, the trade deficit remains generally smaller than in recent years, aligning with a key Trump administration priority.
Why It Matters: US trade deficit widened sharply in November due to rising imports and falling exports, influenced by tariff policies.
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