US imposes 10% forced labour tariff on India

US imposes 10% forced labour tariff on India

The Trump administration has imposed new tariffs on 60 trading partners, including India, for alleged forced labour use. India received a 10% tariff, lower than the 12.5% imposed on other nations, after amending its Foreign Trade Policy to ban imports made with forced labour. The tariff applies to about 55% of Indian exports, with items like steel facing higher rates. The move impacts ongoing India-US trade negotiations.

Source: Deccan Herald

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