US Trade Deficit Plummets To Near 2-Year Low

by Melissa O’Rourke at CDN

The U.S. trade deficit dropped in June to its lowest level in nearly two years, while the trade gap with China narrowed to levels not seen in over two decades, according to new data released Tuesday by the Commerce Department’s Bureau of Economic Analysis (BEA). The overall trade deficit declined by 16%, or $60.2 billion, …

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