Prior month $-98.4 billion revised to $-99.37 billionTrade deficit for June $-96.8 billion versus expectations of $-98.8 billion
This is just the deficit for goods. The US always runs a negative goods trade balance with the rest of the world due to the large inflow of imported goods. In contrast the US runs a service surplus with the world.
This article was written by Greg Michalowski at www.forexlive.com.
