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India Business · livemint.com · Saturday, 6 June 2026

US Proposes 12.5% Section 301 Tariffs on India Amid Trade Deal Talks

Washington announced a 12.5% tariff on Indian imports under Section 301, citing forced‑labour and excess capacity investigations. The move comes as the US‑India bilateral trade agreement is reportedly 99% finalized, with experts warning the tariff is a pressure tactic rather than a trade‑policy necessity.

Read the source: livemint.com ↗In the 6 June issue →