U.S. trade deficit shrinks in June
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(Worthy News) – The U.S. trade deficit narrowed in June as exports rebounded following several months of decreases, suggesting an improvement in global demand after being depressed by the COVID-19 pandemic.
The Commerce Department said the trade deficit fell to $50.7 billion from $54.8 billion. Economists polled by Reuters had forecast the trade gap would narrow to $50.1 billion in June. [ Source: Reuters (Read More…) ]
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