Washington DC, July 23 -- The United States unveiled fresh tariff slabs of 10 and 12.5 per cent on several economies under its Section 301 on Thursday. India has been placed in the lower 10 per cent tariff category. Officials told ANI that while New Delhi was initially slated for a 12.5 per cent tariff but it secured the lower rate following productive discussions on labour practices.

This comes as the Office of the US Trade Representative (USTR) on Thursday announced tariffs ranging from 10 per cent to 12.5 per cent on 60 economies as part of action directed by US President Donald Trump over what it described as inadequate measures to prohibit the import of goods produced with "forced labour".

According to the USTR, India is among 17 e...