U.S. trade deficit cuts half as Trump tariffs lead to imports plummeting
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币界网报道：According to Coinjie.com, on June 5, the U.S. Department of Commerce said on Thursday that the U.S. trade deficit in April fell by 55.5% to $61.6 billion. U.S. imports fell 16% from March to $351 billion in April, while exports rose 3% to $289.4 billion. This puts the trade deficit at $61.6 billion, the smallest deficit since September 2023. Imports of consumer goods fell by $33 billion in April, with drug imports falling sharply. Automobile imports fell by $6.4 billion. Data show the significant initial effect of the White House’s significant tariff hikes in early April, but the direction of the future is unclear.
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