US: International trade deficit narrows in February

The international trade deficit of the US declined by $1 billion in February to $106.6 billion from $107.6 billion in January, the US Census Bureau reported on Monday. “Exports of goods for February were $157.2 billion, $1.9 billion more than January exports,” the press release further read. “Imports of goods for February were $263.7 billion, $0.9 billion more than January imports.”