India-US trade: Merchandise exports to Washington drop after Trump's 50% tariff; shipments to other countries rise
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Indian exports to the US saw a significant dip in September, a direct consequence of the recent tariff hikes. However, shipments to other global markets demonstrated robust growth, exceeding previous trends. Despite these mixed signals and a projected slowdown in global trade, India's current account deficit is anticipated to remain manageable, bolstered by strong services and remittances. What's Your Reaction?
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