April 2024 Trade Gap Reaches $19 Billion as Imports Surpass Exports
Representational image of an onion farmer with his produce in Beed, Maharashtra. There has been frequent imposition and lifting of bans on the export of onions | Photo Credit: B. Jothi Ramalingam In April 2024, the United States encountered a significant trade gap, reaching $19 billion as imports continued to surpass exports. This imbalance in…