U.S. Deficit Narrows on Beans, Errors Still Present — Panjiva
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Supply Chain Research

U.S. Deficit Narrows on Beans, Errors Still Present

Trade Balance 932 U.S. 5325

The U.S. trade deficit for July was 7.5% smaller than economists expected, according to Reuters, driven in part by high exports of soybeans – confirming our earlier analysis. The difference between the advance and final estimates of imports remain around 1.3% – caveat lector.

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