Significantly reduced the commercial deficit of USA June 2025, reaching the lowest level of almost two years, as the imports Consumer goods retreated abruptly.
The total US deficit decreased by 16% to $ 60.2 billion. Exports of goods and services amounted to $ 277.3 billion, while imports dropped $ 337.5 billion from $ 350.3 billion in May.
The deficit with China shrunk by about a third to $ 9.5 billion – the lowest level since February 2004. Imports from China dropped to $ 18.9 billion, the lowest since 2009, due to the 30% duty imposed on most Chinese imports.
The reduction in the commercial deficit contributed to a growth rate of 3% of GDP on a year in the second quarter, after a shrinkage of 0.5% in the first quarter. However, economists warn that this improvement can give an excessively positive image, as it is mainly due to the large reduction in imports and not to stronger domestic demand.
Donald Trump’s government has imposed or threatened to impose new duties from 10% to 41%, raising US duties to 18.3% – the highest since 1934. US and China negotiators have recently met in Sweden, with Trump.