Trade deficit with China widened in 2022, with imports touching $118.5 billion and exports $17.48 billion. The share of India’s imports from China, however, has largely remained unchanged from pre-pandemic levels. This is now leading to calls for higher tariffs in the budget.
Trade deficit with China widened in 2022, with imports touching $118.5 billion and exports $17.48 billion. The share of India’s imports from China, however, has largely remained unchanged from pre-pandemic levels. This is now leading to calls for higher tariffs in the budget. Trade deficit with China widened in 2022, with imports touching $118.5 billion and exports $17.48 billion. The share of India’s imports from China, however, has largely remained unchanged from pre-pandemic levels. This is now leading to calls for higher tariffs in the budget. Moneycontrol Latest News Read More
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