India's Trade Deficit Widens to 13-Month High on Gold Imports, US Tariff Impact
India's merchandise trade deficit widened to a 13-month high of $32.15 billion in September, driven by gold and silver imports and a drop in exports to the U.S. following President Donald Trump's up to 50% tariffs on Indian goods, data showed on Wednesday.
The September figure marks the full month reflecting the impact of those steep U.S. tariffs following and comes just ahead of a new round of trade talks between New Delhi and Washington scheduled for this week...
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