https://www.taxtmi.com/news?id=73133 The rupee weakened in early trade against the US dollar amid concern over a proposed US Trade Representative move to impose additional duties on India and other countries for alleged failures to prevent imports of goods produced with forced labour. India denied the allegations and said the issue should be addressed through ongoing bilateral trade negotiations. The currency was also pressured by broader global risk factors, including geopolitical tensions, a firmer dollar, higher crude oil prices and weakness in domestic equity markets. en-us Wed, 03 Jun 2026 10:01:03 +0530 Wed, 03 Jun 2026 10:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73133 The rupee weakened in early trade against the US dollar amid concern over a proposed US Trade Representative move to impose additional duties on India and other countries for alleged failures to prevent imports of goods produced with forced labour. India denied the allegations and said the issue should be addressed through ongoing bilateral trade negotiations. The currency was also pressured by broader global risk factors, including geopolitical tensions, a firmer dollar, higher crude oil prices and weakness in domestic equity markets. News - Wed, 03 Jun 2026 10:01:03 +0530 https://www.taxtmi.com/news?id=73133