GDP

Is the Shrinking Trade Deficit About to Give GDP a Lift?

Is the Shrinking Trade Deficit About to Give GDP a Lift?

Key Takeaways The U.S. trade deficit shrank by 24% in August, according to a delayed report released Wednesday.  The improvement in the trade deficit is expected to boost economic growth, according to forecasts. The U.S. trade deficit fell sharply in August as newly released information showed imports are declining in the wake of President Donald

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