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The US trade deficit narrowed to $105.0 billion in September, beating the $108.0 billion consensus forecast and down from August's revised $105.7 billion, according to data cited by Walter Bloomberg (@DeItaone). Exports rose 1.9% to $321.51 billion while imports increased 1.2% to $426.56 billion. The smaller-than-expected gap signals firmer export activity and slower import growth, a combination that could modestly support third-quarter GDP revisions. Traders will watch whether the trend persists into year-end, particularly as tariff policy and currency moves shape both sides of the ledger.

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United States, Walter Bloomberg