Falling imports push U.S. trade deficit to three-year low
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WASHINGTON (Reuters) - The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing. The Commerce Department said on Tuesday the trade deficit decreased 8.2% to $43.1 billion (32.75 billion pounds), the smallest since October 2016. The percentage drop was the largest since January.The trade deficit narrowed 0.7%..