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trade deficit hits record high
Surge in gold imports pushes India's Nov trade deficit to record levels
India's merchandise trade deficit in November widened to a record level, led by a surge in gold imports, while exports fell due to weaker global demand. The merchandise trade deficit in November stood at $37.
Trade Tides: India's Import Surge with UAE
India's imports from the UAE significantly increased by 109.57% year-on-year, resulting in a trade deficit exceeding USD 3 billion in November. The bilateral trade between the two nations reached USD 83.
Trade deficit at a record $38bn as gold imports rise
India's trade deficit hit a record $37.84 billion in November, driven by gold imports and declining exports, pressuring the rupee further.
India's Nov merchandise trade deficit widens to record $37.84 billion on soaring gold imports
India's merchandise trade deficit in November widened to a record level, led by a surge in gold imports while exports fell driven by a drop in crude oil prices, trade ministry officials said on Monday.
India's Trade Deficit At All-Time High Fueled By Gold Imports, Service Exports Outpace Goods For First Time This Year
Goods imports surged by 28 per cent to $69.95 billion in November, up from $54.48 billion a year ago. In contrast, goods exports contracted by 4.83 per cent, falling to $32.11 billion compared to $33.74 billion during the same period last year.
1d
In another Trump trade war, farmers could lose billions in export sales
In another Trump trade war, farmers could be the losers as China and other countries retaliate with tariffs on U.S.
11h
Critical metals will be a key battleground in US-China trade war
It's clear that critical minerals will be China's weapon of choice in its escalating trade war with the United States.
13d
on MSN
China bans export of key minerals to U.S. as trade row deepens even before Trump's second term
As China responds to the latest U.S. measures by banning the export of several key minerals, one analyst warns of "a trade ...
8d
China's exports slow, imports decline in November, falling below forecasts
China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in ...
The Wall Street Journal on MSN
5d
Germany’s Goods Surplus Shrinks as Trade Uncertainty Mounts
Germany’s trade surplus narrowed in October, after exports fell more than imports, with the potential for further troubles ...
1d
Merchandise exports touch 25-month low; trade deficit at new high of $37.84 billion amid gold rush
India's merchandise exports fall in November as import bill hits record high, leading to a soaring trade deficit.
7d
How would Trump's tariffs impact California? Data shows state's top imports, exports, trade partners
As the world's fifth-largest economy, California relies on its trade with Mexico, Canada and China. Here's a look at the ...
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