Who knew? 
<cough> Tariffs work. Common sense among some...not so much.
Expected a little under 60 billion...half of that.
I voted for this. It's great economic news.
tradingeconomics.com
<cough> Tariffs work. Common sense among some...not so much. Expected a little under 60 billion...half of that.
I voted for this. It's great economic news.
The US trade deficit narrowed sharply to $29.4 billion in October 2025, the smallest gap since June 2009, down from a revised $48.1 billion in September and well below forecasts of a $58.1 billion shortfall. The implementation of tariffs led to significant swings in trade flows, particularly in non-monetary gold and pharmaceutical products. Imports declined 3.2% to a 21-month low of $331.4 billion, led by a big fall in pharmaceutical preparations and to a smaller extent nonmonetary gold and transport. On the other hand, purchases went up for computer accessories, telecommunications equipment, and computers. Exports rose 2.6% to a record $302 billion, led by a surge in nonmonetary gold and other precious metals while a fall was seen in pharmaceuticals and government goods and services. The largest gaps were recorded with Mexico ($-17.9 billion), Taiwan ($-15.7 billion), Vietnam ($-15 billion) and China ($-13.7 billion). The trade gap with the EU narrowed sharply to $6.3 billion. source: Bureau of Economic Analysis (BEA)
United States Balance of Trade
The United States recorded a trade deficit of 29.35 USD Billion in October of 2025. This page provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey...
tradingeconomics.com
