US plans extra 12.5% tariffs on India, 59 other countries for not enforcing forced labour ban: Report
New Delhi, June 3 -- The US is proposing new tariffs of at least 10% on imports from most major trading partners, including India, following a US investigation into alleged forced-labour practices.
The 10% rate would apply to imports from Canada, Mexico, the European Union, Taiwan and the UK, among other places, according to a statement from the Office of the US Trade Representative. Products from other major economies, including China, India, Japan, South Korea, Brazil and Switzerland, would be subject to a higher 12.5% levy.
"The failure of our most important trading partners to address the importation of goods made with forced labor is unacceptable. This creates a dynamic where American workers are forced to compete globally on an un...
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