#USTradeDeficitShrink The latest U.S. trade data shows the trade deficit shrinking sharply โ falling to just $29.4 billion in October 2025, the smallest gap since June 2009.
๐น Imports โ โ fell about 3.2%, especially in consumer goods like pharmaceuticals.
๐น Exports โ โ rose 2.6%, helped by higher shipments of goods including precious metals.
๐น This 39% monthly drop in the deficit was much stronger than economists expected.
๐ A shrinking trade deficit can signal stronger export activity and weaker import demand, which may affect GDP, currency markets, and global trade dynamics.