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US Trade Deficit Narrows to $73.3 B in June

8/4/2026

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Story summary

The United States trade deficit in goods and services narrowed to $73.3 billion in June.
Imports fell 1.8 percent to $388 billion, with Mexico, Vietnam and South Korea each reaching record-high levels.
Exports slipped 0.9 percent to $314.7 billion as petroleum shipments retreated from the prior month’s historic high.
Services exports reached a record level in June, boosted by tourism after the World Cup, said KPMG U.S. chief economist Diane Swonk.

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Story summary

The United States trade deficit in goods and services narrowed to $73.3 billion in June.
Imports fell 1.8 percent to $388 billion, with Mexico, Vietnam and South Korea each reaching record-high levels.
Exports slipped 0.9 percent to $314.7 billion as petroleum shipments retreated from the prior month’s historic high.
Services exports reached a record level in June, boosted by tourism after the World Cup, said KPMG U.S. chief economist Diane Swonk.