U.S. Trade Deficit Falls For Second Month Straight

The U.S. trade deficit falls for the second month in a row as President Trump continues the push for fairer trade across the globe.

According to numbers released by the Commerce Department Wednesday, the trade deficit narrowed to $49.4 billion.

The numbers indicate the deficit dropped 3.4%, which narrowed the deficit to the lowest it has been since June.

Meanwhile, U.S. exports to China spiked over 18% which brought the monetary value of the goods to $8.4 billion.

Overall, the trade deficit with the Chinese dropped 28.2% which was measured at $24.8 billion.

This comes as President Trump and his economic team continue to negotiate a trade deal with China, ensuring it promotes the best interest of American industries and workers.

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