India should challenge proposed US section 301 tariffs: Experts
New Delhi, June 3 -- India should actively challenge the legal basis of the United States' proposed Section 301 tariffs linked to forced labour concerns and use ongoing bilateral trade negotiations to seek relief from any additional duties, trade experts said on Wednesday, reacting to the latest findings of the US Trade Representative (USTR).
The USTR has proposed additional tariffs of up to 12.5 per cent on imports from 54 economies, including India, under its Section 301 investigation into forced labour-related concerns. The proposal remains under consultation, with written submissions due by July 6 and a public hearing scheduled for July 7. According to the proposal, the duties could potentially replace or supplement the temporary 10 ...
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