Trump shutters embassies, aids China
The U.S. trade deficit declined to $73.3 billion in June, indicating an improvement in the United States' trade balance. This decrease reflects an increase in exports and a stabilization of imports, and is expected to contribute to an overall improvement in the American economy. Reports also suggest the possibility of reaching an agreement with Iran to reopen the Strait of Hormuz, which could impact international and oil shipping activities.
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