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flag US trade deficit narrowed 2.5% to $73.1bn in June, with exports up 1.5% and imports up 0.6%.

flag The US trade deficit narrowed by 2.5% to $73.1bn in June, slightly higher than the expected $72.8bn, due to an increase in exports (1.5% to $265.9bn) and a lesser rise in imports (0.6% to $339.0bn). flag Exports were boosted by civilian aircraft and industrial supplies sectors, while imports increased due to items such as pharmaceutical preparations and semiconductors. flag The US goods deficit with China decreased $1.6bn to $22.3bn.

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