US proposes fresh tariffs of 12.5% on India amid trade talks, Pakistan, Canada, EU get 10%
The USTR has proposed tariffs on India and 6 other countries for not addressing forced labor imports, with a lower rate for those who have committed to a trade agreement. India's failure to enforce a prohibition has been deemed unreasonable and a burden on US commerce. These tariffs could be imposed as early as July 7, causing concerns for India's economy and trade negotiations with the US.