New number are out and for India, this report is a double-edged sword: it shows India is a vital economic partner, but the widening gap makes it a target for future U.S. trade pressure to buy more ...
The goods and services trade gap expanded from the prior month to $70.3 billion, Commerce Department data showed Thursday.
The United States recorded a widening trade deficit in December, with its goods deficit with India reaching $58.2 billion in 2025 amid rising imports and fluctuating export performance.
Donald Trump claims the US trade deficit has fallen 78% due to tariffs and may turn positive this year. However, 2025 data show continued deficits despite lower Chinese imports. A Federal Reserve ...
Even as India’s trade deficit widened to a three-month high in January, Bank of America believes the trend could reverse in the coming months, driven by lower US tariffs, a strong services surplus and ...
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