Recently, US trade data has sent a quite noticeable signal.



The October figures are impressive: the goods and services trade deficit narrowed to $294 billion, the smallest monthly number since the 2009 financial crisis. Month-on-month, it decreased by $187.9 billion, a 39% decline.

What’s more noteworthy is the overall trend. From the peak in March to now, the US trade deficit has shrunk by $1,070.2 billion, a reduction of 78%. This indicates that the improvement is not just a fleeting phenomenon.

Supporting this change are two forces acting in tandem. On one hand, imports are contracting — October imports fell by 3.2% month-on-month to $3,313.7 billion, hitting a new low since January 2024. On the other hand, exports are strengthening — export value increased by 2.6% month-on-month to $3,020 billion, reaching a record high.

Even after adjusting for inflation, the goods trade deficit has been pushed down to $630 billion, the lowest level since February 2020. The US trade pattern is accelerating its adjustment.
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GateUser-0717ab66vip
· 01-14 03:31
The reduction in the US trade deficit this time is really impressive, with a 78% decrease... Could this be the reason why the crypto market has been showing some movement these days?
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NFTDreamervip
· 01-12 19:43
The US trade deficit has shrunk to its lowest in 15 years. This time, it's really something substantial, not just empty talk.
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StakoorNeverSleepsvip
· 01-12 03:53
U.S. trade deficit drops by 78%? Wait, what does that mean? Is the dollar recovering or what?
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NFTPessimistvip
· 01-11 11:50
Wait, are these data real? Imports decline while exports hit a new high—how can both happen at the same time... Sounds pretty good, is the US about to implement trade protectionism? Trade deficit shrank by 78%? So the previous surge was all for nothing? I just want to know what impact this will have on the crypto world. Will the dollar appreciate? Usually, bad things happen before such good data appears... Is this a prelude to a trade war? Feels not so good. Exports hit a new high while imports hit a new low—something feels off, everyone. Is the US really starting to de-globalize? Then we, the holders, need to be careful. What era are we in that people still care about these traditional economic data... Forget it, I’ll just look at the candlestick charts. These macro data are too confusing.
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HallucinationGrowervip
· 01-11 10:51
Wait a minute, could this data be a smoke screen? Exports hit a new high, while imports are actually suppressed. What a coincidence... Is this trade war really effective? But can this hold up? Feels like we're going to go through it again.
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DegenDreamervip
· 01-11 10:50
US trade deficit plunges 78%? If this data is true, it's time to look for new opportunities.
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wrekt_but_learningvip
· 01-11 10:47
A 78% drop? The US really means business; this trade war is getting pretty intense.
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BlockchainBrokenPromisevip
· 01-11 10:46
Wait, is the trade deficit really narrowing? It depends on how the Federal Reserve proceeds next.
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DeepRabbitHolevip
· 01-11 10:35
Wow, the US trade deficit is directly halved? This data is pretty intense. Imports plummeted while exports soared, a double whammy—really aggressive... Is the US trying to turn things around? Wait, this 78% decrease... could it just be a sign of weak demand? The trade deficit has shrunk so much; we need to see if it can hold up in the coming months. Will the US stock market react to this data, or is it another round of false prosperity? Lowest since 2009? What's behind this—has the decoupling effect finally manifested?
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BearMarketSurvivorvip
· 01-11 10:33
Wait, a 78% drop? How strong of a policy effort does that require...
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