Trade Deficit News
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"Bad For Us": Trump Rejects EU's 'Zero For Zero' Tariff Proposal
US President Donald Trump said Monday the European Union's proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit.
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Donald Trump Plans To Impose New Tariffs "Over Next Month". What's On Target
US President Donald Trump is planning to announce tariffs on more products as he pushes to shrink America's trade deficits, boost domestic manufacturing and achieve other policy goals.
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Inflation Ahead? Zoho Founder Sridhar Vembu's Big Warning As Trump Demands Reciprocal Trade
India may witness some economic hardships amid US President Donald Trump's push for balancing bilateral trade with threats of reciprocal tariffs, warned Zoho founder Sridhar Vembu.
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"Unfair Relationship": Trump's Message For China On "Trade Deficit"
US President Donald Trump, affirmed hope of having a "very good relationship" with China under his administration, while also stressing the need to have a "level-playing field" regarding the trade situation.
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Urgent Measures Needed To Reduce Trade Imbalances With Russia: S Jaishankar
External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit between India and Russia.
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Chinese Exports Dip 4.6% After 7 Years Amid Economic Crisis: Report
Amid the economic crisis, Chinese exports saw a downfall for the first time since 2016 after global demand for Chinese-made goods slowed in 2023, CNN reported citing the Customs data released on Friday.
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Merchandise Trade Deficit For January At $17.75 Billion, Lowest In A Year
January merchandise exports were $32.91 billion, compared with $34.48 billion in December, while imports fell to $50.66 billion from $58.24 billion, data showed.
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India's Soaring Russian Oil Imports Render Rupee Trade Futile: Report
India's love for discounted Russia oil is widening its trade deficit with Moscow and the casualty is their much-touted rupee trade plan.
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Rupee Could Remain Under Depreciation Pressure Due To Widening CAD: Economic Survey
The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended September from 2.2 per cent in April-June due to higher trade gap, as per latest data of the Reserve Bank of India.
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Japan's 2022 Trade Deficit Hits Record Amid Rising Energy Costs
In 2022, the value of imports was 19.97 trillion yen ($155 billion) higher than exports -- Japan's largest ever deficit. Comparable data has been available since 1979.
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India-China Trade Rises To $136 Billion, Trade Deficit Crosses $100 Billion Mark For First Time
The total India-China trade for 2022 has climbed to $135.98 billion, overtaking the 1$25 billion mark a year earlier by registering an 8.4 per cent increase, according to the annual Chinese customs data.
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Current Account Deficit Grows To 4.4% Of GDP In September Quarter
Underlying the current account deficit in July-September 2022-23 was the widening of the merchandise trade deficit to $83.5 billion from $63 billion in first quarter of 2022-23.
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Fall In Commodity Prices To Shrink India's Trade Deficit, Lift Rupee: Report
On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping narrow the trade deficit, Barclays Bank said in a note.
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Exports Show Flat Growth In November, Trade Deficit Grows To $23.8 Billion
Exports stood at $31.8 billion in November last year.
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Trade Deficit Between India, China Falls To $51.5 Billion This Fiscal
The deficit during 2021-22 had jumped to $73.31 billion as compared to 44.03 billion in 2020-21, according to the data provided by commerce and industry minister Piyush Goyal in a written reply.
-
"Bad For Us": Trump Rejects EU's 'Zero For Zero' Tariff Proposal
US President Donald Trump said Monday the European Union's proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit.
-
Donald Trump Plans To Impose New Tariffs "Over Next Month". What's On Target
US President Donald Trump is planning to announce tariffs on more products as he pushes to shrink America's trade deficits, boost domestic manufacturing and achieve other policy goals.
-
Inflation Ahead? Zoho Founder Sridhar Vembu's Big Warning As Trump Demands Reciprocal Trade
India may witness some economic hardships amid US President Donald Trump's push for balancing bilateral trade with threats of reciprocal tariffs, warned Zoho founder Sridhar Vembu.
-
"Unfair Relationship": Trump's Message For China On "Trade Deficit"
US President Donald Trump, affirmed hope of having a "very good relationship" with China under his administration, while also stressing the need to have a "level-playing field" regarding the trade situation.
-
Urgent Measures Needed To Reduce Trade Imbalances With Russia: S Jaishankar
External Affairs Minister S Jaishankar on Monday called for "urgent" measures to address the issue of widening trade deficit between India and Russia.
-
Chinese Exports Dip 4.6% After 7 Years Amid Economic Crisis: Report
Amid the economic crisis, Chinese exports saw a downfall for the first time since 2016 after global demand for Chinese-made goods slowed in 2023, CNN reported citing the Customs data released on Friday.
-
Merchandise Trade Deficit For January At $17.75 Billion, Lowest In A Year
January merchandise exports were $32.91 billion, compared with $34.48 billion in December, while imports fell to $50.66 billion from $58.24 billion, data showed.
-
India's Soaring Russian Oil Imports Render Rupee Trade Futile: Report
India's love for discounted Russia oil is widening its trade deficit with Moscow and the casualty is their much-touted rupee trade plan.
-
Rupee Could Remain Under Depreciation Pressure Due To Widening CAD: Economic Survey
The country's current account deficit (CAD) widened to 4.4 per cent of the GDP in the quarter ended September from 2.2 per cent in April-June due to higher trade gap, as per latest data of the Reserve Bank of India.
-
Japan's 2022 Trade Deficit Hits Record Amid Rising Energy Costs
In 2022, the value of imports was 19.97 trillion yen ($155 billion) higher than exports -- Japan's largest ever deficit. Comparable data has been available since 1979.
-
India-China Trade Rises To $136 Billion, Trade Deficit Crosses $100 Billion Mark For First Time
The total India-China trade for 2022 has climbed to $135.98 billion, overtaking the 1$25 billion mark a year earlier by registering an 8.4 per cent increase, according to the annual Chinese customs data.
-
Current Account Deficit Grows To 4.4% Of GDP In September Quarter
Underlying the current account deficit in July-September 2022-23 was the widening of the merchandise trade deficit to $83.5 billion from $63 billion in first quarter of 2022-23.
-
Fall In Commodity Prices To Shrink India's Trade Deficit, Lift Rupee: Report
On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping narrow the trade deficit, Barclays Bank said in a note.
-
Exports Show Flat Growth In November, Trade Deficit Grows To $23.8 Billion
Exports stood at $31.8 billion in November last year.
-
Trade Deficit Between India, China Falls To $51.5 Billion This Fiscal
The deficit during 2021-22 had jumped to $73.31 billion as compared to 44.03 billion in 2020-21, according to the data provided by commerce and industry minister Piyush Goyal in a written reply.
