Trade Deficit Widens as US Roils Markets With Tariff War

India's trade deficit widened in March, even as policymakers and exporters in the South Asian nation scramble to shield themselves from US President Donald Trump's global tariff war.

- Bloomberg

The gap between exports and imports stood at $21.54 billion last month, the trade data showed Tuesday. This is higher than the $15.5 billion deficit forecast by economists in a Bloomberg survey.

The trade deficit in February had narrowed to $14.05 billion, the lowest in more than three years.