Small businesses still waiting for stimulus package

The fall in March trade figures is only the beginning of a trend that is likely to continue in the first quarter of this fiscal year

Merchandise exports and imports went down in March because of the Covid-19 outbreak. Exports last month were $21.41 billion, against $32.72 billion in March 2019, a contraction of 34.57 per cent. Imports in March 2020 were $31.16 billion, as against $43.72 billion in March 2019, a fall of 28.72 per cent. 
 

The fall in March trade figures is only beginning of a trend that is likely to continue in the first quarter of this fiscal year and beyond, despite claims of ‘flattening the curve’ in some  Covid-affected countries and  talk of re-opening the economies that had gone into lockdown. 

The International