US moots 12.5% tariff on India, 53 others over 'forced labour'
The US Trade Representative has proposed a 12.5% tariff on exports from 54 countries, including India and China, citing their failure to prohibit goods made with forced labor. This move comes as US officials are in India discussing a framework agreement.
The USTR's report also addresses excess capacity in several countries, potentially leading to further tariffs.
Information from The Times of India. Edited by: Noticias Today.
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