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Bessent: Goods Trade Gap Ex-Semis at 1.6% of GDP, Lowest Since 1994
US Treasury Secretary Scott Bessent said the goods trade deficit excluding semiconductor-related goods fell to 1.6% of GDP. He called it the lowest level in records dating back to 1994, Cointelegraph reported.
By the Paparazzi deskx.com0views
Fact boxTrust 50/100 · Developing
What we verified
- Original source: X account @Cointelegraph.
- The source published it on Nov 13, 2026 at 8:40 PM.
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- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
Bessent's figure puts the goods trade deficit at 1.6% of GDP once semiconductor-related goods are left out. The Treasury Secretary said no lower reading appears in records that go back to 1994.
Cointelegraph shared the milestone on X. The measure is limited to goods trade and excludes semiconductor-related goods.
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Market data, not advice.TopicsScott Bessent · US Treasury · Cointelegraph · semiconductors
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Written by Paparazzi with AI. Not financial advice.
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