US Promises India Will See Lower Tariffs Than Competitors in Trade Deal
Published . Updated .
Covered by 2 outlets: WWD, Yahoo.
Who covered it: Center 1 · Not rated 1. How we rate outlets
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Washington has reportedly made assurances to New Delhi that India see a lower tariff rate than that of its regional competitors as a formalized interim trade deal remains elusive.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- INDA iShares MSCI India ETF
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- CAT Caterpillar
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DE Deere
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- NKE Nike
Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | +0.05% | +1.29% | base | after close | after close | after close | after close |
| XRT | +1.88% | +1.40% | base | after close | after close | after close | after close |
| INDA | -0.06% | +0.23% | base | after close | after close | after close | after close |
| CAT | -0.24% | +0.24% | base | after close | after close | after close | after close |
| DE | +2.61% | +2.63% | base | after close | after close | after close | after close |
| WMT | -1.96% | -1.88% | base | after close | after close | after close | after close |
| NKE | +4.97% | +0.89% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
US Promises India Will See Lower Tariffs Than Competitors in Trade Deal WWD
Source: WWD
This story
| Company | When | Move | Status |
|---|---|---|---|
| CAT | three days earlier | +0.24% | final price |
| CAT | five days earlier | -0.24% | final price |
| DE | three days earlier | +2.63% | final price |
| DE | five days earlier | +2.61% | final price |
| INDA | three days earlier | +0.23% | final price |
| INDA | five days earlier | -0.06% | final price |
| NKE | three days earlier | +0.89% | final price |
| NKE | five days earlier | +4.97% | final price |
| WMT | three days earlier | -1.88% | final price |
| WMT | five days earlier | -1.96% | final price |
| XLI | three days earlier | +1.29% | final price |
| XLI | five days earlier | +0.05% | final price |
| XRT | three days earlier | +1.40% | final price |
| XRT | five days earlier | +1.88% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 46 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 31 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 37 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 42 days before publication. Filed 27 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 77 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 78 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 84 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
25 out of 100
“US Promises India Will See Lower Tariffs Than Competitors in Trade Deal” scores 25 out of 100. The score uses 2 sources.