PAGOP Reads: U.S. trade deficit falls from two-year high on weak imports


Written By: Lucia Mutikani, Reuters

Date: April 4, 2017

“The U.S. trade deficit fell from a near two year high in February as slowing domestic demand weighed on imports and stronger global growth boosted exports of American goods.”

“The politically sensitive trade gap with China narrowed sharply by 26.6 percent from January to $23 billion ahead of a summit between President Donald Trump and China’s Xi Jinping this week.”