U.S. trade deficit widens in November as imports rise

The U.S. trade deficit increased in November as imports rose; exports fell to $292.1 billion and the inflation-adjusted merchandise deficit widened to $87.1 billion.

The U.S. trade deficit widened in November as imports rose, according to newly released data. Exports fell by $10.9 billion from October to $292.1 billion. On an inflation-adjusted basis the merchandise trade deficit widened to $87.1 billion, the largest in four months. The figures come after a month in which the trade deficit was at its lowest level since early 2009 and amid ongoing tariff measures announced by the administration. Key reported figures: - The overall trade deficit deepened in November as imports rose, reversing October's unusually low level. - U.S. exports fell by $10.9 billion to $292.1 billion in November. - The inflation-adjusted merchandise deficit widened to $87.1 billion; the deficit with China decreased to $13.9 billion, the gap with Canada widened, and the shortfall with Mexico narrowed slightly. Summary: The wider gap reflects higher imports and weaker exports, increasing the merchandise shortfall compared with October's level. Undetermined at this time.