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25.09 - 22:29
U.S. Trade Deficit Shrank in July
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The U.S. trade deficit narrowed in July for the fourth month in a row as global demand for U.S. goods and tourism strengthened, while U.S. shoppers’ appetite for imports weakened.
The trade gap in goods and services shrank by 12.6% in July from the prior month to a seasonally adjusted $70.65 billion, the Commerce Department said Wednesday.
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