The Washington Post



The U.S. trade deficit narrowed sharply in June as exports surged to a record high, a trend that could see trade continuing to contribute to gross domestic product in the third quarter. The Commerce Department said on Thursday that the trade deficit decreased 6.2 percent to $79.6 billion. Exports of goods and services shot up 1.7 percent to an all-time high of $260.8 billion, while imports slipped 0.3 percent to $340.4 billion.

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