WASHINGTON, July 3 (Xinhua) -- The U.S. trade deficit of goods and services narrowed in May as exports increased and imports dipped, the Commerce Department said Thursday.

     The total trade deficit fell to 44.4 billion U.S. dollars, down 2.6 billion from a two-year high level of 47 billion dollars in April.

     Exports increased to 195.5 billion dollars from 193.5 billion in April, pushed by stronger overseas sales of automobiles, consumer goods,...

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