India trade deficit with china widens to record $99.22
India recorded a trade decficit of $99.2 billion with china in the 2024-2025 fiscal year ended in March, trade data showed , driven by a surge in imports of electronics goods adn consumer durables . The data nomes as U.S. presidnet Donald Trump announced a 90 days pause last week on most tariff hikes for major trading partners including India , while sharply increasing levies on Chinese goods , stoking fears that chinese firms may divert goods to others markets .
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