US trade gap widens; India deficit narrows

Washington, May 6 The United States trade deficit widened in March as imports outpaced exports, even as the American goods gap with India narrowed compared to the same period last year, according to official data. The US Census Bureau and the Bureau of Economic Analysis said the overall goods and services deficit rose to $60.3 billion in March, up $2.5 billion from a revised $57.8 billion in February. US exports in March stood at $320.9 billion, an increase of $6.2 billion from February, while imports climbed by $8.7 billion to $381.2 billion. For India, the latest figures showed the US…