US trade gap widens from smallest since 2009 as imports rise - News Summed Up

US trade gap widens from smallest since 2009 as imports rise


The goods and services trade gap nearly doubled from the prior month to US$56.8 billion (RM222.49 billion), Commerce Department data showed on Thursday. The trade data have been prone to volatility related to the implementation of US trade policy. That was the case again in November, with a surge in inbound shipments of pharmaceuticals and a slide in gold exports. The value of all US goods and services exports fell 3.6% in November. The latest trade data will help economists firm up their estimates for fourth-quarter (4Q) gross domestic product (GDP).


Source: The Edge Markets January 29, 2026 14:06 UTC



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