Free Trade

Commerce Dept: Trade Deficit Narrowed More Than Expected

$34.3 billion in November

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With the value of exports rising and the value of imports falling, the Commerce Department released a report on Tuesday showing that the U.S. trade deficit narrowed by much more than anticipated in the month of November.

The report showed that the trade deficit narrowed to $34.3 billion in November from a revised $39.3 billion in October.