US Trade Deficit Narrows to $73.3 Billion as Imports Fall in June

The US trade deficit narrowed in June as imports fell for the first time since the start of the year. The gap in goods and services trade shrank 5.6% from the prior month to $73.3 billion, while the value of imports declined 1.8% while exports fell 0.9%. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)