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DEVELOPING: India-US Deal: Ralph Lauren, Walmart Suppliers Surge!

DEVELOPING: India-US Trade Deal Sparks Market Surge

Footwear and apparel exporters are surging. This follows a new interim trade deal between the US and India. The agreement was announced this week.

US President Donald Trump agreed to lower tariffs on Indian goods. The effective rate drops to 18% from 50%. India will buy $500 billion of American products. They will also remove trade barriers on some US goods.

The deal aims to reduce market uncertainty. Details were released Friday after an executive order.

Ralph Lauren and Walmart suppliers are expected to benefit. Further details are still emerging.

This is a developing story.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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