China surpasses US as India's largest trading partner in FY26; trade gap swells to $112 billion

What Happened

The US was India's largest trading partner for four consecutive years till 2024-25.

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Background Context

The US was India's largest trading partner for four consecutive years till 2024-25.

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Source: India News: Latest India News, Today's breaking News Headlines & Real-time News coverage from India | Hindustan TimesOriginal Link

Source: India News: Latest India News, Today's breaking News Headlines & Real-time News coverage from India | Hindustan Times

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