Temporary relief: On trade performance, deeper distress ahead
India’s remarkable merchandise trade performance in November should come as some relief for the government, but should not be the basis for any complacency. India’s merchandise exports, hit by the stiff headwind of 50% tariffs by the United States, the biggest export destination, unexpectedly grew 19.4% to $38.1 billion in November 2025. This is the…
Read More “Temporary relief: On trade performance, deeper distress ahead” »