US Imposes 10% Tariff on India Under Section 301 Probe
India, July 24 -- The United States has imposed a 10% tariff on imports from India under a Section 301 forced labour investigation, replacing the temporary global tariff introduced earlier this year. The move affects 60 trading partners and comes as India and the US continue negotiations on a broader bilateral trade agreement.
Key Highlights
US imposes a 10% Section 301 tariff on imports from India over forced labour concerns.
The measure covers 60 countries representing over 99% of US imports.
India secured a lower tariff than the initially proposed 12.5% rate.
The decision comes amid ongoing India-US trade agreement negotiations.
Washington, July 24: India has secured a relatively favourable position under the United States' latest Sec...
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