India’s trade deficit expands to $26.42 billion in April

India's trade deficit significantly widened to $26.42 billion in April, exceeding economists' expectations due to a surge in imports. Imports rose by 19.12% to $64.91 billion compared to the previous year, while exports increased by 9.03% reaching $38.49 billion. This widening deficit reflects the ongoing volatility in global trade influenced by factors like Trump's tariff policies.