 "US had $1.7 billion trade deficit with India in March")
The US had a trade deficit of $1.7 billion with India and of $26 billion with China in the month of March, according to official figures.
The goods and services deficit was $40.4 billion in March, down $6.5 billion from $47.0 billion in February, the US Department of Commerce said in its latest monthly figures.
March exports were $176.6 billion, $1.5 billion less than February exports, while imports in the month were $217.1 billion, $8.1 billion less than in February, it said.
According to the commerce department, the deficit with China decreased $6.2 billion to $26 billion in March.
Exports from China increased $0.1 billion to $8.5 billion and imports decreased $6.1 billion to $34.4 billion, it said.
The March figures show surpluses with South and Central America ($3.2 billion), OPEC ($0.7 billion), United Kingdom ($0.5 billion) and Saudi Arabia ($0.1 billion).
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Deficits were recorded with China ($26 billion), European Union ($11.1 billion), Germany ($5.9 billion), Japan ($5.9 billion), Mexico ($5.2 billion), South Korea ($3.0 billion), Italy ($2.4 billion), India ($1.7 billion), France ($0.9 billion), Brazil ($0.2 billion), and Canada ($0.1 billion).
According to the latest monthly report, the balance with the United Kingdom shifted from a deficit of $0.5 billion to a surplus of $0.5 billion in March.
Exports from the UK increased $0.6 billion to $4.8 billion and imports decreased $0.3 billion to $4.4 billion.
The surplus with Saudi Arabia decreased $1.2 billion to $0.1 billion in March. Exports from Saudi Arabia decreased $0.9 billion to $1.4 billion and imports increased $0.3 billion to $1.3 billion.