Shafaqna English– USA’s trade deficit reduced more than anticipated in August as companies brought in fewer goods amid rising tariffs, a trend that, if continued, could provide a boost to economic growth in the third quarter.
However, a reduction in consumer goods imports to figures reminiscent of the early stages of the COVID-19 pandemic, along with a decrease in capital goods imports such as computer accessories and telecommunications equipment, as reported by the Commerce Department on Wednesday (19 Nov 2025) may indicate a slowdown in consumer and business spending during the last quarter.
Source: Reuters