Search For "trade deficit"
India's trade deficit likely narrowed MoM in August to USD 26.1 billion: U
Updated : 5 months, 3 weeks ago IST
India's merchandise trade deficit is expected to have reduced modestly in August 2025, according to a report by Union Bank of India.
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PM Modi, Xi Jinping underline need to proceed from political, strategic di
Updated : 5 months, 3 weeks ago IST
Prime Minister Narendra Modi and Chinese President Xi Jinping on Sunday emphasised the need to proceed with a political and strategic direction to reduce bilateral trade deficit, said the Ministry of External Affairs, Foreign Secretary Vikram Misri, while adressing the special briefing on
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Europe to reduce tariffs to zero, we continue global tariffs: Trump aide P
Updated : 7 months, 1 week ago IST
Speaking about the trade deal, Novarro said that the EU has agreed to reduce "all their tariffs" to zero, while US continue their global tariff to fight the trade deficit at 15 per cent.
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China's easing of export curbs useful, but self-reliance India's only shie
Updated : 7 months, 1 week ago IST
China's recent move to ease export restrictions on fertilizers, rare earths, and tunnel-boring machines to India is a welcome step, but self-reliance remains the only real safeguard for New Delhi against its widening trade deficit with Beijing, the Global Trade Research Initiative (GTRI) sai
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India's trade deficit widens to USD 11.72 bn in July 2025 on increased imp
Updated : 7 months, 2 weeks ago IST
India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.
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Pakistan's trade deficit soars 44 pc in July, raising economic concerns
Updated : 7 months, 2 weeks ago IST
Pakistan's trade deficit surged by a staggering 44 per cent in July, driven by a sharp increase in imports, raising fresh concerns about the country's economic situation, which is already in a crisis, The Express Tribune reported.
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Trump signs executive order to raise tariffs on key trading partners citin
Updated : 7 months, 2 weeks ago IST
US President Donald Trump signed a new executive order adjusting tariff rates on several countries to address trade deficits, citing national security concerns. It replaces earlier rates, imposes penalties for transshipment, and will be enforced by trade and customs officials starting seven
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Trump announces US will develop "massive" oil reserves in Pakistan, says t
Updated : 7 months, 2 weeks ago IST
In a post on Truth Social, Trump stated that the United States and Pakistan are currently in the process of selecting the oil company for the partnership.
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"We're negotiating with India right now": US President Trump after declari
Updated : 7 months, 2 weeks ago IST
In response to ANI, if the US remains open to negotiating with India on the tariff front, Trump stated, "We're talking to them now. We'll see what happens. Again, India was the highest or just about the highest tariff nation in the world, one of the highest, 100 points, 150 points or perc
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"What kind of foreign policy is this?": Congress's Pawan Khera after Trump
Updated : 7 months, 2 weeks ago IST
US President Donald Trump on Wednesday said that India will pay a 25 per cent tariff and an additional penalty for the trade deficit.
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"We shouldn't surrender before Americans on their terms": Manickam Tagore
Updated : 7 months, 2 weeks ago IST
US President Donald Trump on Wednesday said that India will pay a 25 per cent tariff and an additional penalty for the trade deficit.
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India's goods trade deficit could widen to $300 billion in FY26, amid tepi
Updated : 8 months, 1 week ago IST
India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Securities in its latest report.
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