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| Version 0 | Version 1 |
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| US trade deficit narrows as imports drop | US trade deficit narrows as imports drop |
| (35 minutes later) | |
| The US trade deficit fell in June after imports dropped 1.2% from the previous month, the biggest fall in a year. | The US trade deficit fell in June after imports dropped 1.2% from the previous month, the biggest fall in a year. |
| The Department of Commerce reported a deficit of $41.5bn in June, a 7% decline from May's $44.7bn. | The Department of Commerce reported a deficit of $41.5bn in June, a 7% decline from May's $44.7bn. |
| Imports fell by $2.9bn to $237.4bn, in part due to lower imports of consumer goods and cars. Imports of petroleum products also fell. | Imports fell by $2.9bn to $237.4bn, in part due to lower imports of consumer goods and cars. Imports of petroleum products also fell. |
| Exports of food and drink, vehicles and consumer goods helped to lift exports by 0.1% to a record $195.9bn. | Exports of food and drink, vehicles and consumer goods helped to lift exports by 0.1% to a record $195.9bn. |
| Growth in the US economy in the second quarter may have been stronger than initial US government estimates, the figures suggest. | |
| Last week the Department of Commerce said the US economy grew at an annual rate of 4% during the April-to-June period. | |
| However, that rate included an estimate for the June trade deficit that was higher than Wednesday's figure, economists said. |