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The deficit in the foreign trade of goods and services of the united States (USA)
has fallen 7.5% in June compared to may, to 50.700 million dollars, due to a rebound in exports despite the economic crisis generated by the Covid-19.
According to data released this Wednesday by the Department of Commerce, the exports have grown 9.4%, to 158.300 million , while imports have increased by 4.7 per cent, up to the 208.900 million. This is the first monthly decline in the trade deficit in the U.S. since February, and points to a slight recovery of the global demand.
The accumulated deficit in the first six months of 2020 has been reduced in 23.100 million dollars, 7.8% compared with the same period of 2019, and stood in 274.300 million.
“The exports and imports grew in June after drop-offs straight from march that were, in part, due to the impact of the COVID-19, given that many businesses were operating at a limited capacity or ceased operations entirely, and the movement of travelers across borders restricted,” said the report.
Falls the trade deficit with China
The trade deficit with China, very sensitive politically by the tensions between the two countries , has dropped by $ 1,200 billion in June from the previous month, up to 26.700 million dollars.
The pandemic of coronavirus has caused an acute economic crisis in the united States , one of the countries hardest hit with more than 150,000 dead. The economy of american power has sunk to an annual rate of 32.9% in the second quarter of 2020 due to the effects of the pandemic, and has fallen 9.5% versus the first three months of the year , the largest decreases of this indicator since there have been records. The unemployment rate ended June at 11.1 %, after having started the year at 3.5 %.
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