Is US wielding new tariff threat to secure big bargain in India trade talks?
The US is reportedly considering a new 12.5% tariff on Indian goods as a bargaining chip in ongoing trade negotiations. This proposed levy, stemming from an unfair trade practices investigation, is aimed at addressing concerns over forced labor in supply chains. Analysts suggest this move is intended to leverage concessions from India, even as both nations express commitment to a mutually beneficial trade agreement. AI