Quartz·2 min read·medium
U.S. trade deficit shrank in June as imports fell for the first time this year
✦AI Summary
The U.S. trade deficit narrowed in June as total imports fell by 1.8%. This shift reflects a cooling in demand for foreign goods and services.
Total imports dropped 1.8% to $388 billion in June, while the goods and services deficit narrowed by $4.4 billion from May
businesseconomy
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