- The US goods and services trade deficit dropped to $105 billion in September, a 0.7% decrease from August.
- The September deficit remained the second-largest monthly total since President Trump imposed global tariffs in April 2025, after a record high in August.
- The trade gap has persisted despite the administration's tariff policy aimed at shrinking it.
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“defying efforts by the Trump administration to shrink it”
“The trade deficit in goods and services dropped to $105 billion in September, a 0.7 percent decrease from August.”