US-India Trade Deal: US Proposes 12.5% Tariffs on India Over Forced Labour, with Other 59 Countries
India, June 3 -- On Tuesday, the US proposed new tariffs of at least 10% on imports from its major trading partners, including India, following an investigation into alleged forced-labour practices, under which India is likely to face a 12.5% tariff. Here's everything you need to know about the US proposing tariffs on India and 59 other countries.
US Proposes Tariffs on India
On Tuesday, the Office of the United States Trade Representative (USTR) said 54 of the economies failed to impose and effectively enforce a prohibition on forced-labor imports. These countries are likely to face 12.5% tariff.
US-India Trade Deal: Other Countries to Face Tariffs
Countries facing US tariffs are China, Vietnam, India, Taiwan, and the United Kingdom ...
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