{"id":39637,"date":"2026-07-24T03:56:37","date_gmt":"2026-07-23T22:26:37","guid":{"rendered":"https:\/\/banitoday.com\/us-unveils-fresh-tariffs-of-up-to-12-5-on-60-economies-amid-forced-labour-probe-rate-for-india-lowered-to-10\/"},"modified":"2026-07-24T03:56:37","modified_gmt":"2026-07-23T22:26:37","slug":"us-unveils-fresh-tariffs-of-up-to-12-5-on-60-economies-amid-forced-labour-probe-rate-for-india-lowered-to-10","status":"publish","type":"post","link":"https:\/\/banitoday.com\/hi\/us-unveils-fresh-tariffs-of-up-to-12-5-on-60-economies-amid-forced-labour-probe-rate-for-india-lowered-to-10\/","title":{"rendered":"US unveils fresh tariffs of up to 12.5% on 60 economies amid &#8216;forced labour&#8217; probe; rate for India lowered to 10%"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132591728,imgsize-1732484,width-400,height-225,resizemode-4\/us-india-trade.jpg\" alt=\"US unveils fresh tariffs of up to 12.5% on 60 economies amid 'forced labour' probe; rate for India lowered to 10%\" title=\"India to face 10% US tarrifs\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"India to face 10% US tarrifs\">India to face 10% US tarrifs<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>The Trump administration on Thursday imposed new tariffs of 10 per cent and 12.5 per cent on imports from 60 economies, including India, saying the move aims to push trading partners to strengthen enforcement against goods produced using forced labour.<!-- --> India now qualifies for the lower 10% rate after recent policy changes.<span class=\"id-r-component br\" data-pos=\"3\"\/>The new duties, imposed under Section 301 of the Trade Act of 1974, will take effect at 12.01 am EDT on Friday, replacing the temporary 10 per cent global tariff that expires at the same time. Goods already in transit will remain exempt until July 28, said the Office of the US Trade Representative (USTR),.<span class=\"id-r-component br\" data-pos=\"5\"\/>The tariffs follow the US trade bodies&#8217; investigations which included public hearings, consultations with governments and thousands of public comments.<span class=\"id-r-component br\" data-pos=\"9\"\/>&#8220;President Trump recognises that decades of moral suasion have not eradicated forced labour from global supply chains. The United States has had a forced labour import ban for nearly a century, and rigorously enforces it; it&#8217;s well past time for our trading partners to do the same,&#8221; said US Trade Representative Jamieson Greer.<span class=\"id-r-component br\" data-pos=\"11\"\/>The administration said the tariffs are aimed at countries that have failed to prohibit or effectively enforce restrictions on imports made with forced labour, arguing that weaker enforcement gives them an unfair trade advantage over the United States.<span class=\"id-r-component br\" data-pos=\"14\"\/>Section 301 allows the US government to investigate foreign trade practices and impose tariffs or other trade penalties if they are found to unfairly burden or restrict US commerce.<span class=\"id-r-component br\" data-pos=\"16\"\/>Under the final framework, countries that already have adequate forced labour import bans, have committed to introducing such measures, or have adopted partial restrictions will face a 10 per cent tariff. India is among the economies in this category after recent policy changes strengthened its approach to forced labour imports. <!-- -->Economies deemed to have inadequate safeguards will face a 12.5 per cent tariff, while certain products from the European Union, Japan, South Korea, Taiwan and Switzerland will attract tariffs of either 10 per cent or 12.5 per cent.<span class=\"id-r-component br\" data-pos=\"20\"\/>The USTR has also launched a Section 301 investigation into 16 economies over allegations that they have overproduced goods, driving down global prices and hurting US manufacturers. <!-- -->The probe could lead to additional tariffs.<span class=\"id-r-component br\" data-pos=\"25\"\/>Several products have been exempted from the new duties, including oil and gas, fertilisers, certain food items, goods already covered by national security tariffs on steel, aluminium, copper and automobiles, as well as products that qualify for duty-free treatment under the US-Mexico-Canada Agreement.<span class=\"id-r-component br\" data-pos=\"27\"\/>The latest move marks the Trump administration&#8217;s latest attempt to preserve its tariff agenda after the US Supreme Court struck down the President&#8217;s earlier sweeping tariffs imposed under emergency powers.<span class=\"id-r-component br\" data-pos=\"29\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/us-unveils-fresh-tariffs-of-up-to-12-5-on-60-economies-amid-forced-labour-probe-india-gets-lower-10-rate\/articleshow\/132591713.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India to face 10% US tarrifs The Trump administration on Thursday imposed new tariffs of 10 per cent and 12.5 per cent on imports from 60 economies, including India, saying the move aims to push trading partners to strengthen enforcement against goods produced using forced labour. India now qualifies for the lower 10% rate after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39637","post","type-post","status-publish","format-standard","has-post-thumbnail"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"India to face 10% US tarrifs The Trump administration on Thursday imposed new tariffs of 10 per cent and 12.5 per cent on imports from 60 economies, including India, saying the move aims to push trading partners to strengthen enforcement against goods produced using forced labour. 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