US plans additional 12.5% tariff; India says talks on Section 301 probes ongoing
- Posted on June 4, 2026
- By Business News Today
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- 1 min read
US plans additional 12.5% tariff; India says talks on Section 301 probes ongoing
The US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict imports of goods produced with forced labor. This move, seen as a pressure tactic, comes as India and the US are negotiating an interim trade deal.
