
U.S. Trade Deficit Narrows to $73.3B as Imports Drop 1.8% in June
The gap shrank 5.6% from May as computer and semiconductor imports slowed. Capital goods imports fell for the first time since September.
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The gap shrank 5.6% from May as computer and semiconductor imports slowed. Capital goods imports fell for the first time since September.

Record crude and fuel shipments drove the export surge. Imports rose modestly as firms stockpile inventory against tariff and geopolitical risk.