Workflow
US trade deficit drops after Trump tariffs — but not with India and top trading partners
The Economic Times·2025-10-29 15:05

The report stated that the total US trade with these top partners rose to USD 257 billion during April-July 2025 from USD 248 billion recorded in January-March 2025.However, despite the overall rise in trade, the It stated "During the post-tariff period, US trade deficit declined by USD 42 billion...but if we look the trade deficit of US with the top 5 trading partners (+ India), it has increased by USD 9 billion to USD 257 bn"The analysis in the report revealed that the US trade deficit (not seasonally ad ...