24
Jul
Washington DC/New Delhi (Gurpreet Singh): The United States has imposed a 10 per cent tariff on imports from India and more than a dozen other nations following a months-long Section 301 investigation into forced labour practices. New Delhi secured the lower 10 per cent rate—placing it alongside regional peers such as Pakistan, Sri Lanka, and Bangladesh—after initial proposals by Washington suggested a steeper 12.5 per cent levy. The new duties replace the temporary 10 per cent global tariff that expired this week and apply to 60 countries accounting for over 99 per cent of American imports. US Trade Representative Jamieson…
