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Global Business News

The Economic Times

Global Business / The Economic Times

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US trade deficit shrinks to $54.5 billion in January as exports surge

January brought a refreshing twist to America's trade dynamics, as the trade gap notably contracted. Exports surged, primarily propelled by industrial supplies and essential capital goods, while imports dipped slightly across multiple categories. This significant shift occurs amid the backdrop of changing trade policies and temporary import duties, showcasing the intricate tapestry of the U.S. trade landscape.

12 Mar 2026 6:24 pm