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US Trade Trade Deficit Falls to $52.5 Billion in September

WASHINGTON — The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum. The Commerce Department said Tuesday that the September gap between what Ameri...
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US Economy Slowed to 2.1% Growth in Second Quarter

WASHINGTON — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1...

Is Our Trade Deficit Draining Jobs Like Trump Says?

Are those tariffs imposed by the Trump administration going to bring back jobs to the United States? This is one of the questions addressed in New York Times economist Neil Irwin’s discussion of the trade deficit. Irwin takes the reader through a step-by...