Trade Deficit | The Asian Age

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Soon trigger Trump’s unveiling of a second $200 billion to $300 billion list of Chinese goods to be targeted with US tariffs.

US, China to resume trade talks in Washington amid low expectations

Trump has threatened to impose duties on virtually all of the more than $500 billion of Chinese goods exported to the United States.

22 Aug 2018 12:15 PM

Trade deficit greater concern than rupee, says Niti chief

Niti Aayog will soon come out with development agenda for 'New India 2022'.

21 Aug 2018 4:09 PM

Total bilateral trade in first 6 months of year increased by 18.4 pc from USD 35.7 bn in 2017 to USD 42.36 bn in 2018.

US export to India increases as bilateral trade deficit drops: official

India's export to the US in goods increased by 13.11 pc from USD 23.6 billion in 2017 to USD 26.8 billion.

04 Aug 2018 10:13 AM

Trump administration has a target date to reduce this trade deficit.

US wants to reduce trade deficit with India soon: official

Defence, aviation and energy as the 3 sectors which would play a key role in reducing trade deficit over the long term.

26 Jul 2018 1:34 PM

India is willing to address the trade deficit with Uganda, Prime Minister Narendra Modi on Wednesday said as he urged the business community of the two countries to fully exploit the favourable conditions for enhancing the bilateral trade. (Photo: ANI)

India willing to address trade deficit with Uganda, says Narendra Modi

Investment in India is very easy for anyone because India is a policy-driven governance, says Modi.

25 Jul 2018 4:09 PM

Oil imports rose 56.61 per cent to $12.73 billion.

Trade deficit widens to more than five-year high in June

India’s trade balance is further bruised by a weakening Indian rupee that hit an all-time low against the dollar last month.

14 Jul 2018 10:07 AM

The trade deficit in South Asian countries such as Nepal, Myanmar and Pakistan with China is rising year-on-year, in spite of Beijing extending bilateral loans to them by significant amounts.

Chinese loans placing South Asia in debt trap

The Nepal Rastra Bank reveals that the figure stood at Rs.91.18 billion during the review period in 2015-16.

22 Jun 2018 11:35 AM

Commerce Minister Suresh Prabhu said exports in May rose by 28.18 per cent to USD 28.86 billion while imports were up 14.85 per cent to USD 43.48 billion.

Trade deficit widens to 4-month high of USD 14.62 billion

Trade deficit widened to USD 14.62 billion from USD 13.84 billion in May 2017.

15 Jun 2018 2:57 PM

Averting a trade war, China and the US on Sunday struck a deal under which Beijing will "significantly increase" its purchases of American goods and services.

China, US avert trade war: Beijing agrees to import more from America

The two sides issued a joint statement early on Sunday vowing not to launch a trade war against each other.

20 May 2018 2:07 PM

India may turn into a net importer of copper by the year ended March 2020.

Vedanta says Indian copper smelter shutdown causing deficit, price rise

Copper prices hit more than six-year lows in 2016 but have gained more than 50 per cent from those levels.

19 May 2018 11:14 AM

Merchandise exports for April rose 5.2 per cent from a year ago to $25.9 billion.

India's April trade deficit widens to USD 13.7 billion

Trade deficit for 2017-18 fiscal year ending in March grew to $156.8 billion from $105.72 billion in the previous year.

16 May 2018 8:28 AM

India’s merchandise exports in March fell 0.7 per cent year-on-year to USD 29.1 billion.

India's March exports fall amid trade tensions

Trade deficit for the year ending in March widened to $156.8 billion from $105.72 billion in the previous year.

14 Apr 2018 11:35 AM

International Monetary Fund chief Christine Lagarde. (Photo:AP)

IMF's Lagarde: Trade protectionism threatens economic growth

IMF in January forecast global growth of 3.9 percent for this year.

11 Apr 2018 11:21 AM

China is keeping the big-ticket items like soybeans, sorghum and Boeing airplanes for heavy tariffs to counter Trump's heavy tariffs. (Photo: Twitter)

Ready to fight trade war till the end: China to US

China imposed tariffs on 128 US imports worth USD 3 billion, including meat, fruit and pork.

04 Apr 2018 9:33 AM

The trade deficit has widened to $51.1 billion, a nine-fold increase over the last decade. (Photo: PTI/Representational)

China promised to address trade deficit between 2 countries, says India

Bilateral trade between India and China boomed to $71.45 billion in 2016-17 from $1.83 billion in 1999-2000.

26 Mar 2018 6:08 PM

More problematically for India, foreign investors say outflows also reflect rising economic concerns.

Once hot favourite, India bonds lose their charm for foreign investors

Foreign investors have sold a net $1.12 billion in Indian debt, the strongest monthly outflow since December 2016.

26 Mar 2018 12:25 PM

China also announced retaliatory measures against the US. (Photo: AP)

Trade deficit with China costs 2 mn jobs to US: White House

China's unfair trade practices has resulted in a goods trade deficit of USD 370 billion.

23 Mar 2018 12:28 PM

Cumulative value of exports for April-February 2017-18 period grew by 11 per cent to USD 273.7 billion.

Exports in Feb up 4.5 pc to USD 25.8 bn; trade deficit narrows

Exports growth rate has been steadily declining since November 2017 when it touched a high of 30.5 per cent.

16 Mar 2018 10:21 AM

United States buys close to a fifth of India’s goods and services exports and its trade deficit has widened from $13 billion in 2006 to $31 billion in 2016.

US tells India to cut tariffs as trade friction heats up

Bilateral trade between India and the United States has grown to about $115 billion in 2016 from $20 billion in 2001.

24 Feb 2018 11:14 AM

As per the data released by the commerce ministry, the trade deficit or difference between imports and exports was USD 14.88 billion, up about 41 per cent year-on-year.

Exports up 12.36 per cent in Dec; trade deficit widens to 3 year high

Exports had totalled USD 274.64 billion in 2016-17, up from USD 262.29 billion in the preceding industry.

16 Jan 2018 10:32 AM

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Sunil Gatade