US Q1 Current Account Deficit Widens to $237.6 Billion, Record Agricultural Trade Deficit Forecasted to Keep Growing
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#99dc5812 ver:0.55

The US Q1 current account deficit widens to $237.6 billion, driven by a larger deficit on goods. Meanwhile, India records a current account surplus of $5.7 billion in the March quarter, with a narrowing deficit for FY24. The US agricultural trade deficit continues to grow due to rising imports and high labor costs, impacting domestic production and revenue for US producers. #US #India #trade #economy...

#newstr #UsQ1CurrentAccountDeficit #UsAgriculturalTradeDeficit #India'sCurrentAccountSurplus #Gdp #Exports #Remittances #TradeDeficit #Investment #Icra #BankOfBaroda 

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