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LATEST US DATA

Nov trade deficit narrows as goods imports fall sharply

New orders for factory goods also down indicating that economic growth braked sharply in Q4

Washington

AMERICA'S trade deficit shrank in November as a decline in imports exceeded a drop in the value of shipments abroad. New orders for factory goods also fell in the same month.

The trade gap narrowed 5 per cent to US$42.4 billion from a revised US$44.6 billion in October

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