What happened (Centre’s statement on US tariffs and India’s export coverage)
The Government of India stated that the United States announced permanent tariffs on imports from 60 trading partners due to forced-labour concerns. Within India–US trade, the Centre said about 45% of India’s exports to the United States remain outside the scope of an additional 10% duty.
The Ministry also stated that negotiations with the United States on a quota-based approach related to India’s textile exports are ongoing.
The Centre further explained the structure of the added 10% duty in relation to specific sectors and past measures:
- The added 10% rate is lower than an initially proposed 12.5% for India and some other countries.
- Some product categories are said to currently face zero additional duties, including generic pharmaceuticals, smart phones, and other specified products.
Related current affairs
- In Brief: U.S. announces 10% tariffs on forced-labour imports; Centre says about 45% of India’s exports unaffected
- No new 10% tariff impact for 45% of exports: Centre
- Govt: 45% of exports to US outside purview of additional 10% tariffs
- US imposes final Section 301 forced-labour measures; India placed in lower tariff tier with 10% additional duty
- America’s tariff state is expanding. India must be patient
- Trump’s tariff threat on generics: What it could mean for Indian pharma firms