The United States Trade Representative (USTR) revealed the findings of 60 Section 301 probe on Wednesday, proposing 12.5 per cent additional tariffs on India, alongside 53 economies that have failed to impose and effectively enforce a prohibition on the importation of goods produced with forced labour.
This comes at a time when US chief negotiators are holding three-day talks with Indian counterparts in New Delhi to finalise a bilateral trade agreement (BTA). An official recently told ET that New Delhi is set to keep the focus of the negotiations on getting relief on Section 301 probes and achieving lower tariffs than its competitors.
