US Q1 Current Account Deficit Widens to $237.6 Billion, India Records Current Account Surplus of $5.7 Billion in Q4FY24, US-China Trade Deficit Reaches Lowest Level Since 2010
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#99dc5812 ver:0.58
The US Q1 current account deficit widens to $237.6 billion, while India records a current account surplus of $5.7 billion in Q4FY24. The US-China trade deficit reaches its lowest level since 2010. India's trade figures for May show a 9.1% growth in exports, attributed to global demand and US tariffs on China. Rising imports of horticultural products contribute to the reduction in US fresh fruit and vegetable production. US President Joe Biden claims the US trade deficit with China is at its lowest since 2010. #economy #trade #deficit #India #US #China...
#newstr #UsQ1CurrentAccountDeficit #India'sCurrentAccountSurplus #UschinaTradeDeficit #UsAgriculturalTradeDeficit #India'sTradeFigures #JoeBiden #China #Economy
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