Indian Exports Grew in August After US Tariffs Took Effect (3)

India’s exports rose for a second month in August after President Donald Trump’s 50% tariffs took effect, as businesses front-loaded shipments.

The trade deficit narrowed to $26.49 billion last month from an eight-month high of $27.35 billion in July, data released by the Ministry of Commerce and Industry showed Monday. Economists in a Bloomberg survey had predicted a $24.8 billion deficit for August.

Imports fell 10.1% in August to $61.59 billion from a year earlier, while exports rose 6.7% to $35.1 billion.

This is the first trade data since the US slapped a 25% tariff on Indian goods on ...