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...
New Delhi, March 16 India's exports to the US fell by 12.88 per cent year-on-year to USD 6.88 billion in February due to high tariffs in America, while the trade deficit with China crossed USD 100 billion during the 11-month period of this fiscal, according to data released by the commerce...
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New Delhi, March 13 India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first phase...
New Delhi, February 21 India will now face a lower reciprocal tariff of 10 percent, down from 25 percent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.According...
New Delhi, February 21 With the US Supreme Court overturning President Donald Trump’s global tariffs and Washington issuing a new order imposing a temporary 10 per cent import surcharge, Indian goods will now face only a 10 per cent reciprocal levy from February 24, trade experts and exporters...
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Washington, February 21 – The US trade deficit widened sharply in December, capping a year in which America's trade gap with India reached $58.2 billion.The trade deficit in goods and services rose to $70.3 billion in December, up from $53.0 billion in November, according to the U.S. Census...
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Dhaka, February 19 US President Donald Trump on Thursday called for stronger trade and defense ties with Dhaka as he congratulated Bangladesh's new Prime Minister Tarique Rahman on assuming office.In a letter released by Bangladesh's Foreign Ministry, Trump urged Rahman to maintain momentum in...
New Delhi, February 16 India's merchandise exports to the US contracted by 21.77 per cent to $6.6 billion in January due to high tariffs imposed by America, according to data from the Ministry of Commerce.Exports also declined in September, October, and December last year. However, they...
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