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The Economic Times

Global Business / The Economic Times

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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.

4 Jun 2026 6:00 am