WASHINGTON - The U.S. international trade deficit was $42.9 billion in June, a 10.7% drop from the revised $48.0 billion deficit for May, originally reported as $48.7 billion, the Commerce Department reported Thursday.

The June deficit was smaller than the median $47.5 billion figure estimated by economists polled by Thomson Reuters, and resulted from total exports of $185 billion and imports of $227.9 billion.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.