U.S. trade deficit narrows in May from six-month high in prior month

After hitting a six-month high in April, the U.S. international trade deficit narrowed 7.3% in May to $69 billion, the Commerce Department said Thursday. 

The deficit was in line with economists surveyed by The Wall Street Journal.  

Imports fell 2.3% to $316.1 billion in May. The drop was led by consumer goods, including cell phones. Exports…