Due to a sharp drop in imports, the US trade deficit unexpectedly narrowed to its lowest level since 2009 in October. According to data released by the US Department of Commerce on Thursday, the goods and services trade deficit fell sharply by 39% from the previous month to 29.4 billion US dollars. Imports fell by 3.2%, reflecting a decrease in imports of pharmaceuticals and non-monetary gold. US exports increased 2.6% in October. This year's trade data showed huge monthly fluctuations due to the impact of the tariff policy implemented by the United States. In recent months in particular, trade in non-monetary gold and pharmaceutical preparations has surged sharply in response to Trump's unpredictable tariff announcements. Among them, imports of pharmaceutical preparations fell sharply to their lowest level since July 2022 in October after experiencing a sharp rise last month. It is worth noting that gold trade is not included in the government's GDP calculation unless it is used for industrial purposes such as jewelry production.

Due to a sharp drop in imports, the US trade deficit unexpectedly narrowed to its lowest level since 2009 in October. According to data released by the US Department of Commerce on Thursday, the goods and services trade deficit fell sharply by 39% from the previous month to 29.4 billion US dollars. Imports fell by 3.2%, reflecting a decrease in imports of pharmaceuticals and non-monetary gold. US exports increased 2.6% in October. This year's trade data showed huge monthly fluctuations due to the impact of the tariff policy implemented by the United States. In recent months in particular, trade in non-monetary gold and pharmaceutical preparations has surged sharply in response to Trump's unpredictable tariff announcements. Among them, imports of pharmaceutical preparations fell sharply to their lowest level since July 2022 in October after experiencing a sharp rise last month. It is worth noting that gold trade is not included in the government's GDP calculation unless it is used for industrial purposes such as jewelry production.