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Economic Buzz: US deficit drops to $173 billion in November
11-Dec-2025 11:24
The U.S. government reported a sharply lower deficit of $173 billion in November, helped by stronger revenues boosted by tariffs on imports. The shortfall fell by $193 billion compared with the $367 billion gap recorded in November 2024, marking a 53% improvement. While President Donald Trump imposed broad import duties, recent trade deals have also reduced some tariffs, contributing to steadier revenue flows.

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