The U.S. trade deficit narrowed slightly in February, shrinking 0.1% for the month but remaining close to a record, as both exports and imports climbed on the cusp of war in Ukraine.
The deficit in trade of goods and services slipped to a seasonally adjusted $89.19 billion in February, the Commerce Department said Tuesday, compared with an $89.23 billion gap in January, which was the all-time monthly record for the trade gap.
