New Delhi, Oct. 29 -- Post tariffs, trade deficit of United States declined by USD 42 billion but during the same period it has gone up by USD 9 billion with top five trading partners including India, noted a research report by the State Bank of India (SBI).
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 US trade deficit with its top five trading partners widened by USD 9 billion during the same period.
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), i...
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