US plans 12.5% tariffs on India China over forced labor
The US just announced plans for a 12.5% tariff on exports from India, China, and 52 other countries, saying these nations haven't done enough to stop imports tied to forced labor.
India pushed back, calling the probe unjustified and pointing out that there are already global rules in place.
USTR public comments due July 6
This proposal is part of a US USTR section 301 process that cracks down on goods linked to forced labor: think products like cotton, steel, electronics, and more.
Countries like Japan, the UK and Vietnam are also on the list; meanwhile, the EU and Canada could face slightly lower tariffs at 10%.
Public feedback is open until July 6, with hearings set for July 7.
India is still in talks with US officials hoping to work things out before these new tariffs hit.