India Pushes Back as US Advances Section 301 Probe Eyeing 12.5% Tariffs
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·1 viewsThe United States Trade Representative (USTR) has accelerated one of its two trade investigations into India, raising concerns about potential new duties. The probe is linked to forced labour practices and proposes a 12.5% tariff on Indian goods. Trade experts and policymakers warn that the US may replace the current 10% additional tariff with the higher proposed rate once the July 24 deadline expires. India has taken a firm stance in response to the investigation, signalling resistance to the proposed measures.
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