All articles tagged with #exports decline
India's exports to the US have sharply declined by 20% in September and nearly 40% over four months due to Trump's 50% tariffs, impacting labor-intensive sectors and widening India's trade deficit, while negotiations for a trade deal are ongoing.
American distilled spirits exports to Canada plummeted 85% in early 2025 due to ongoing trade tensions, with broader declines in key markets like the EU, UK, and Japan, impacting both large and small producers and highlighting the need for zero-for-zero tariffs to restore market stability.
The US merchandise trade deficit widened unexpectedly in May due to a 5.2% drop in exports, the largest since the pandemic's start, while imports remained stable, potentially reducing trade's positive contribution to second-quarter GDP and reflecting ongoing impacts of tariffs and global economic shifts.