Surface trade activity among the U.S., Canada and Mexico fell 3.2% in December from the same month a year earlier, according to the U.S. Department of Transportation. Trade among the North American Free Trade Agreement partners declined to $71.9 billion, DOT’s Bureau of Transportation Statistics said in its monthly report. Month-to-month trade, which is impacted by seasonal factors, dropped 11.7% from November. U.S.-Canada trade fell 4.7% year-over-year to $42.1 billion, while U.S.-Mexico trade dipped 0.8% to $29.8 billion. Truck imports to the U.S. from the two countries declined 3.2% year-over-year to $23.2 billion, while exports dropped 5.1% to $24.8 billion. Rail imports increased 3.6% to $9 billion, while exports gained 5.2% to $4.7 billion.
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