USTRWhile India
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US moots 12.5% tariff on India, 53 others over ‘forced labour’
In a widely anticipated move, the US Trade Representative Tuesday proposed 12.5% tariff on exports from 54 countries, including India and China, accusing them of failure to prohibit import of goods using forced labour. The announcement came while American officials are in India to discuss the details of the framework agreement, which commerce & industry minister Piyush Goyal had said is close to finalisation. USTR is also expected to release its report on the second probe launched by it –...