Trump's "Trade War" Is Working: US Trade Deficit Collapses

One month after the biggest plunge in the US trade deficit since the financial crisis - good news for Trump who has engaged in "trade war" with the rest of the world to boost US trader and exports - the good news continued in April, when according to the Census Bureau, the US deficit shrank again, down 2.

1% from a revised $47.2BN to $46.2BN, and beating the $49BN consensus estimate and better than the lowest estimate of $46.2BN.