India Remains Key Partner Even As US Records $4.4B Trade Deficit With DelhiWASHINGTON, DC-India remained among the United States’ key trading partners in November as the US trade deficit widened sharply due to higher imports and a decline in exports, according to official data released on January 29. A trade deficit occurs when a country imports more goods and services than it exports. During the month, the United States recorded a goods trade deficit of $4.4 billion with India, placing it among the countries with which Washington ran notable trade gaps. Further, the report said consumer goods imports increased sharply, including pharmaceuticals, while capital goods imports also climbed, led by computers and semiconductors. The next U.S. trade report, covering December and full-year data for 2025, is scheduled for release on February 19, 2026.