US EditionUS trade deficit narrows to $60.2 billion in June
UNITED STATES, AUG 5 – The U.S. trade deficit fell 16% to $60.2 billion in June 2025, driven by a $8.4 billion drop in consumer goods imports amid tariff adjustments, government data showed.
- On Tuesday, the Department of Commerce reported the U.S. trade deficit narrowed by 16 percent to $60.2 billion, down from a revised $71.7 billion in May.
- Amid sweeping tariff measures, imports fell 3.7 percent to $337.5 billion in June, largely reflecting higher costs as President Donald Trump’s tariffs added to businesses’ expenses.
- Analyzing sectoral shifts, consumer goods imports decreased by $8.4 billion, industrial supplies and materials fell by $2.7 billion, and imports of autos and parts dropped by $1.3 billion.
- Following the data release, the Department of Commerce said the trade deficit narrowed, heavily contributing to a U.S. GDP rebound in the second quarter.
- Last week in Sweden, U.S. and China trade negotiators met as a temporary tariff agreement remains in effect until August 12.
81 Articles
81 Articles
Trade Deficit Narrows as Imports Fall in June
by Caroline Boda The U.S. trade deficit narrowed in June as President Donald Trump’s tariffs deterred businesses from importing goods, the Department of Commerce said Tuesday. Imports dropped around 4% from May after businesses hurried to front-load imports earlier this year before sweeping tariffs took effect. Exports also fell, but at a more modest rate of 0.5%, as the U.S. sold fewer industrial goods. The Commerce Department also said the o…
The Daily Caller
Conservative Daily NewsUS Trade Deficit Plummets To Near 2-Year Low
In June, the U.S. trade deficit dropped to its lowest level in nearly two years, while the trade gap with China narrowed to levels not seen in over two decades.
U.S. trade deficit hits 2-year low as tariffs squeeze services sector | Honolulu Star-Advertiser
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported goods.
US Trade Deficit Shrinks 16 Percent Amid Sharp Decline in Imports
The U.S. trade deficit narrowed in June as President Donald Trump’s tariff plans continue to shift global trade patterns. According to the Bureau of Economic Analysis, the overall goods and services trade gap declined by 16 percent to $60.2 billion from a slightly revised $71.7 billion in May. The consensus estimate suggested a trade deficit of $61.6 billion. Imports fell by almost 4 percent to $337.5 billion, the lowest since March 2024. The de…
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.
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