Credit: REUTERS/LUCY NICHOLSONWASHINGTON, July 29 (Reuters) - The United States' trade deficit in goods fell sharply in June amid a rebound in exports after several month of decline when the COVID-19 pandemic disrupted the flow of goods.
The Commerce Department said on Wednesday the goods trade gap dropped 6.1% to $70.6 billion last month. Exports of goods accelerated 13.9% to $102.3 billion, offsetting a 4.8% increase in goods imports to $173.2 billion.
(Reporting by Lucia Mutikani Editing by Gareth Jones)
((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net))
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