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The U.S. flag flies over a container ship unloading it's cargo from Asia, at the Port of Long Beach, Calif. on Aug. 1, 2019.

MARK RALSTON/AFP/Getty Images

The U.S. trade deficit narrowed in June as exports rebounded following several months of decreases, suggesting an improvement in global demand after being depressed by the COVID-19 pandemic.

The Commerce Department said the trade deficit fell to $50.7 billion from $54.8 billion. Economists polled by Reuters had forecast the trade gap would narrow to $50.1 billion in June.

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