US trade deficit narrows to $73.3B in June as exports hold steady

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The US trade deficit narrowed by 5.6% in June to $73.3 billion as imports fell 1.8%, marking the first decline since the year started. Exports decreased by 0.9%, yet the overall gap shrank. This trend highlights the US economy's reliance on services exports, which masks underlying vulnerabilities in goods trade dependency. These figures, reported by Bloomberg and Crypto Briefing, illustrate the current state of the US goods and services trade balance.
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