Us trade gap narrowed in feb

The trade gap fell to a seasonally adjusted $45.8 billion from a revised $47.0 billion in January, the Commerce Department said.

The January and February data typically pose a calculation challenge because of the movable Lunar calendar for the Chinese new year, when economic production in the Asian giant slows sharply.

China, the top exporter to the United States, had a trade deficit in February this year.

The sharp drop in the US trade gap in February was led by a 1.7 percent drop in imports from the prior month. US exports also fell, by 1.4 percent.

Source: Bangkok Post