New Delhi, June 8 -- Commerce and Industry Minister Piyush Goyal on Sunday reframed the United States' proposed Section 301 tariffs - which include a 12.5 per cent levy on select Indian imports on grounds of alleged forced labour - as an attempt by the US to create a comparative trade advantage for India rather than a punitive measure directed at it.

Speaking at the Financial Express Best Banks Awards event, Goyal said, "So this (Section 301 investigation) is really a mechanism being created, given their (the US) constraints that the Congress is not going to support any of their actions (on reciprocal tariffs). They are trying to create a competitive edge for India. So I don't think (we need to) worry about Section 301, we'll tackle it, ...