Prior month -2.72B Vs -2.77B previously

  • US imports rise 0.6% to $260.2 billion on oil and pharmaceuticals
  • June exports fall -0.7% to $213.8 billion on consumer, capital goods
  • May trade gap in US at 43.2 billion revised lower from 43.1 billion
  • US June soybean exports at 4.2 billion versus 4.1 billion: up 40% year on year in the 1st half as producers/importers anticipated retaliatory tariffs from China