US trade deficit drops in October to lowest level in more than a year US trade deficit drops in October to lowest level in more than a year The U.S. trade deficit tumbled 7.6% to $47.2 billion in October from a revised print of $51.1 billion for September. Imports dropped by 1.7%, or $4.3 billion, to $254.3 billion. Exports dipped 0.2%, or $400 million, to $207.1 billion. ME: There was some dope in this forum posting the exact opposite of this truth. Beware of Democrats Leftist liars. Democrats are pathological liars. The Trump economy is great.