The Hindu·3 min read·hard
45% of Indian exports to the U.S. will not face new 10% tariffs, Commerce Ministry says
T
T.C.A. Sharad Raghavan
✦AI Summary
The Indian Commerce Ministry announced that 45% of India's exports to the US remain exempt from new 10% tariffs imposed due to forced labor investigations. The government continues to negotiate for better terms, noting that India's tariff rate is lower than initially proposed.
About 45% of India’s exports to the U.S. remains outside the purview of the new 10% tariff that Washington has levied on imports, the government said on Saturday.
economypoliticsbusiness
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