ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Trade war

US trade deficit shrinks in January as Chinese imports dip

Beijing's purchase of American soybeans also bridges gap

China bought more soybeans from the U.S. in January, helping to address the trade imbalance between the two countries.   © Reuters

NEW YORK -- The U.S. trade deficit narrowed 14.6% on the month in January in part as Americans bought fewer goods from China and sold more soybeans to the Asian nation, a changing dynamic that could affect ongoing trade talks.

The total trade deficit in goods and services reached a seasonally adjusted $51.1 billion, down $8.8 billion from December, the U.S. Department of Commerce announced Wednesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more