美贸易赤字创16年新低伦敦金偏弱

Group 1 - The U.S. trade deficit significantly narrowed in October 2025, dropping from $48.1 billion in September to $29.4 billion, marking a 39% decrease and the lowest level in 16 years [2] - The reduction in the trade deficit was driven by a 2.6% increase in exports, with a notable rise in gold exports, as concerns over potential tariffs dissipated [2] - Imports fell by 3.2% to a near two-year low, with the largest decline seen in pharmaceuticals, as companies reduced imports following the implementation of tariffs [2] Group 2 - Despite the monthly data showing a significant decrease, the long-term trend of a high and rising trade deficit remains unchanged, with a total deficit of $782.8 billion for the first ten months of 2025, an 8% increase compared to the same period in 2024 [2] - If the trend of narrowing trade deficits continues, it could contribute positively to GDP growth in the fourth quarter, although the decline in imports may also indicate weak consumer demand [3] - The impact of tariff policies on trade is evident, with imports from China decreasing from $363 billion to $266 billion, while imports from Vietnam, Mexico, Thailand, and Europe increased [2]