Textile trade: India-UK FTA may offset US losses; CareEdge Ratings sees export realignment ahead
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Indian textile exporters, facing setbacks from steep US tariffs, may find relief in rising exports to the UK under the new FTA. Ongoing EU negotiations could further diversify trade avenues. While a decline in textile exports is expected, government support and growth in cotton yarn exports may mitigate losses, making the India-UK FTA a potential game changer. What's Your Reaction?
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