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India Business · livemint.com · Thursday, 4 June 2026

US Proposes Up to 12.5% Tariffs on India and 59 Nations Over Forced‑Labor Imports

The USTR announced additional tariffs of at least 10%, rising to 12.5% for India and 59 other economies that failed to enforce forced‑labour import bans. Exemptions cover items like beef, coffee and certain fruits, with a comment period open until July 6 and hearings slated for July 7.

Read the source: livemint.com ↗In the 4 June issue →