US Trade Deficit Contracts to $60.2 Billion in June, Data Reveals

According to government statistics released on August 5, 2025, the United States experienced a reduction in its overall trade deficit, reaching $60.2 billion for June. The decline was primarily driven by a decrease in imports, which fell more significantly than exports during the month. This trend reflects the impact of tariffs imposed by the Trump administration, affecting trade flows with both allied and rival countries. The data indicates a tightening of the trade gap amid ongoing trade tensions and policy adjustments.