U.S. trade deficit with Japan down 10.5 percent
This is due partly to smaller imports of automobile parts, the U.S. Commerce Department said.
The deficit with China grew 0.6 percent to $35.43 billion, the department said.
Globally, the U.S. deficit in trade of both goods and services grew 3.2 percent in the reporting month to $50.50 billion for the third consecutive month of increase.
U.S. exports were up 2.3 percent to $200.22 billion, while imports rose 2.5 percent to $250.72 billion.
The average import price per barrel of crude oil was $50.10 in November, up from $47.26 in October. ■