Trade deficit with Mexico at its lowest since July 2015

3/7/2017 The Hill

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U.S. trade with Mexico grew in January, but the trade deficit with the country — a major talking point for President Trump — fell to its lowest point since July of 2015.

The U.S. trade deficit with Mexico fell roughly 9 percent to $3.9 billion in January 2017 from $4.3 billion in January 2016, according to figures released by the Department of Commerce.

Still, trade between the two countries grew 6.3 percent in the same period.

Mexican imports grew to $23.5 billion in January 2017 from $22.4 billion in January 2016. But Mexicans also bought more U.S. goods in January — $19.5 billion compared to $18 billion a year ago.

January’s $3.9 billion deficit is the lowest since July 2015, when the U.S. ran a $3.7 billion deficit with Mexico.

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