What is the trade balance between US and India? (AI Overview):
The U.S. has a significant trade imbalance with India, characterized by a large goods and services deficit. In 2024, the U.S. goods trade deficit with India was $45.8 billion, according to USTR. This means the U.S. imports more goods from India than it exports to India. While some argue that India benefits unfairly, others point to a more complex picture, including potential US surpluses in services and other sectors.


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