Monday, Apr 20, 2015Monday, Apr 20, 2015

US trade deficit shrinks in Nov as imports sink

Published on Jan 7, 2014 10:16 PM

WASHINGTON (AFP) - The US international trade deficit shrank sharply in November, led by a drop in imports, government data released on Tuesday showed.

The trade shortfall fell to US$34.3 billion (S$43 billion) in November, a decline of 12.9 per cent from October, the Commerce Department said.