The Trump administration’s latest move to initiate a Section 301 investigation, which could result in an additional 12.5% tariff on imports from India, is generating concerns across sectors. Industry stakeholders are of the views that the proposed action is inconsistent with the spirit of strengthening bilateral economic ties between New Delhi and Washington.
Trade experts and industry leaders argue that the investigation appears to be another lever being deployed by Washington, as trade negotiations with India enter a decisive phase.
