US Trade Deficit Shrinks More Than Expected in January Amid Tariff Uncertainty

America. US government data released Thursday showed that the trade deficit in January shrank more than analysts had expected.According to the Commerce Department, the trade deficit in January reached $54.5 billion, an increase from December's $25.3 billion. The trade flow in the world's largest economy, the US, has been affected by rapid changes in tariffs implemented by President Donald Trump after his return to the White House last year, although the Supreme Court struck down a large portion of them last month.The data reflects a tax system that is now outdated. Trade uncertainty continues to overshadow the results.Following the court's...