India’s Trade Deficit Widens Significantly in First Full Month Following US Tariff Implementation
India’s trade imbalance has widened substantially in the first complete month following the implementation of new US tariffs. The deficit expansion comes as export growth slowed while import costs remained elevated, creating challenges for policymakers in New Delhi.
India’s trade deficit has expanded significantly during the first full month following the implementation of new tariff measures by the United States, according to recent economic data. The widening gap between imports and exports presents fresh challenges for policymakers in India as they navigate an increasingly complex global trade environment.