Tue, 21-Oct-2025

US trade gap yawns wider as imports outspace exports in August

exports

WASHINGTON, Oct 5, 2021 (AFP) – The US trade deficit rose in August with imports overwhelming exports as the US economy bounces back from last year’s pandemic shock, government data said Tuesday. The Commerce Department reported the trade deficit climbed to $73.3 billion from the upwardly revised $70.3 billion the month prior, more than analysts had … Read more

Trump raises doubts on trade deal with India

Trump

US President Donald Trump said that the US and India were heading towards a major trade deal. But he was not sure whether the deal will be signed before the US presidential election in November. Donald Trump had visited India on his first official trip on Monday. Authorities have been trying for weeks to bring … Read more