Trump's favorite trade-war scorecard posts its best figure in 17 months — but data shows overall growth is slowing

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Trump's favorite trade-war scorecard posts its best figure in 17 months — but data shows overall growth is slowing
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Trump's favorite scorecard in US-China trade war improved in October

The US trade deficit narrowed for a second straight month in October. The drop was the latest sign that tariffs and cooler global growth have weighed on activity in the largest economy. Trump views the trade balance a scorecard of sorts in his trade disputes. The figure is driven by a variety of factors, including the strength of an economy and foreign exchange rates. Visit Business Insider's homepage for more stories.

The US trade deficit narrowed for a second straight month in October. The drop was the latest sign that tariffs and cooler global growth have weighed on activity in the largest economy. Trump views the trade balance a scorecard of sorts in his trade disputes. The figure is driven by a variety of factors, including the strength of an economy and foreign exchange rates. Visit Business Insider's homepage for more stories.

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