Trade deficit narrows: India’s exports rose in August - when Trump’s tariffs took effect
India's exports saw a rise in August despite new US tariffs, driven by front-loading of shipments. The trade deficit narrowed, although it exceeded predictions. While exports to the US increased between April and August, India is diversifying markets and seeking trade deals with the EU to mitigate supply chain risks and reduce import reliance.
India's exports saw a rise in August despite new US tariffs, driven by front-loading of shipments. The trade deficit narrowed, although it exceeded predictions. While exports to the US increased between April and August, India is diversifying markets and seeking trade deals with the EU to mitigate supply chain risks and reduce import reliance.
