trade imbalances

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    US Goods Trade Deficit Widens, India Remains a Key Factor

    Washington, April 3 – The United States recorded a goods trade deficit of $54.91 billion with India over the past 12 months, placing it among Washington’s top deficit partners, even as the overall US trade gap widened in February, according to official data.The monthly figures showed the US...
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    Trade Investigation: US Seeks to Address Industrial Capacity

    Washington, March 12 – The United States has launched a sweeping trade investigation targeting India and 15 other economies over alleged excess industrial capacity in manufacturing sectors, a move that could eventually lead to tariffs or other trade measures.The probe, announced by US Trade...
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    Trump Admin Pivot: Treasury Secretary Downplays Tariff Refund Issue

    Washington, February 23 – US Treasury Secretary Scott Bessent has sought to shift the focus away from whether the Trump administration will refund nearly $134 billion collected under now-invalidated emergency tariffs, saying that the Supreme Court's decision was "very narrow" and that the White...
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