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Source: SOUTHERN FARM NETWORK, 10/7/19
The United States’ trade deficit with China is as small as it’s been in recent months. U.S. exports hit a five-month high, which Bloomberg says is a possible sign of goodwill from China as the two nations continue to try and resolve their trade war. According to data released late last week by the Commerce Department, the trade gap shrank to a seasonally adjusted $28.9 billion. Exports increased by $10 billion while imports dropped slightly to $38.9 billion.
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