
US Trade Deficit Narrows in June as Imports Decline
The US trade deficit narrowed in June, reaching $73.3 billion, as imports experienced a decline. This reduction indicates a shift in trade patterns for the month.
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U.S. Trade Deficit Dips in June as Imports Fall Back
Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.
By Ana Swanson
Read full article →US Trade Deficit Narrows to $73.3 Billion as Imports Fall in June
The US trade deficit narrowed in June as imports fell for the first time since the start of the year. The gap in goods and services trade shrank 5.6% from the prior month to $73.3 billion, while the value of imports declined 1.8% while exports fell 0.9%. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
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