The US trade deficit soared to a record $140.5 billion in March, marking the largest shortfall since 1992, according to government data. Imports surged by 4.4 percent to $419.0 billion as businesses stocked up ahead of anticipated tariffs, particularly in consumer goods. While exports saw a slight increase, the overall imbalance exceeded analysts’ expectations. Post navigation What does the UK-India FTA mean for India? Top benefits – from cheaper cars, whisky to cheer for Indian professionals India-UK FTA to boost bilateral trade to $100 billion by 2030 and benefit exporters, say industry bodies
