WASHINGTON—The U.S. trade deficit narrowed in 2019 for the first time in six years as disputes with China and other countries reduced America’s exports and imports while reshaping relationships with economic partners. Exports declined last year for the first time since 2016, dropping 0.1%, the Commerce Department said Wednesday. But imports fell more sharply, decreasing 0.4%. That combination shrank the overall trade deficit 1.7%, to $616.8 billion.

Source: Wall Street Journal February 05, 2020 13:32 UTC