US trade gap narrows 16% in June as tariffs curb imports
The US trade deficit narrowed by 16% in June to $60.2 billion as imports fell more sharply than exports. Businesses are adjusting to President Trump's sweeping tariffs, which are raising costs and driving uncertainty across global supply chains.
The US trade deficit narrowed by 16% in June to $60.2 billion as imports fell more sharply than exports. Businesses are adjusting to President Trump's sweeping tariffs, which are raising costs and driving uncertainty across global supply chains.
