US trade deficit narrows sharply in January as China purchases of soybeans jumps - Recent News from USA
US trade deficit narrows sharply in January as China purchases of soybeans jumps

US trade deficit narrows sharply in January as China purchases of soybeans jumps

The trade deficit between the U.S. and its global partners dropped sharply in January to $51.15 billion as exports rebounded from a slowdown at the end of 2018, the Commerce Department reported Wednesday.

Economists surveyed by Dow Jones had forest that the balance fell to $57 billion in January, from the $59.9 billion recorded the previous month.

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