The US merchandise-trade deficit shrank in June by more than forecast, reflecting a broad decline in imports as the pre-tariff rush to secure goods unwinds.The shortfall in goods trade narrowed 10.8% from the prior month to $86 billion,

The U.S. trade deficit in goods contracted sharply in June amid a decline in imports, cementing economists' expectations that trade likely accounted for much of an anticipated rebound in economic growth in the second quarter.

The U.S. trade deficit in goods reached a nearly two-year low in June as imports sharply declined, signaling potential growth in the economy's second quarter. The unexpected contraction in the trade gap might lead economists to upgrade GDP estimates,

B in June, the -$98.3B shortfall expected and -$96.6B in the prior month, according to data released by the U.S. Census Bureau on Tuesday.

The U.S. trade deficit in goods significantly decreased as imports fell, suggesting a positive impact on economic growth for the second quarter. The deficit narrowed to $86.0 billion, contrary to economist expectations.

The Philippines’ trade gap narrowed in June as exports increased at a faster pace than imports. Preliminary data released by the Philippine Statistics Authority (PSA) yesterday showed that the balance of trade in goods – the difference between the value of exports and imports – amounted to a $3.

This year has been dominated by global trade tensions. India’s exporters have had to cope with the prospects of US tariffs, the India-Pakistan conflict, and Israel’s attack on Iran in June.

Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada report predicts those deficits will narrow in the coming years.