TaxTMI 
TaxTMI 
Engaged with US on Sec 301 probe over concerns related to forced labour, excess capacity: Govt
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....ngaged with US on Sec 301 probe over concerns related to forced labour, excess capacity: Govt<BR>Customs & Trade<BR>Dated:- 3-6-2026<BR>PTI<BR>New Delhi, Jun 3 (PTI) India is engaged with the US on the Section 301 investigations over concerns related to forced labour and excess industrial capacity, the government said on Wednesday. The country is also "parallelly" engaged with the US for final....
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....isation of an interim trade agreement, a framework for which was announced through a joint statement on February 7. The Office of the United States Trade Representative (USTR) launched two separate Section 301 investigations on March 11 and 12, 2026, covering 60 economies over concerns related to forced labour and excess industrial capacity. The USTR on June 2 issued its findings in the fo....
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....rced labour investigation and proposed additional tariffs on imports from 60 economies. The proposal includes a 10 per cent tariff on imports from Canada, Ecuador, the European Union, Indonesia, Mexico, and Pakistan, and a 12.5 per cent tariff on imports from 54 other economies, including India and China. Pakistan and Indonesia are India's competitors in the trade front. The measure remain....
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....s a proposal and has not yet been finalised. "India remains engaged with the U.S. on the matter as a part of Section 301 proceedings. India is also parallelly engaged with the US for finalisation of a framework agreement as was announced on 2nd February 2026 and in accordance with the joint statement released on 7th February 2026," the commerce ministry said. PTI RR RR ANU ANU ANU ========....
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....=====<BR> News - Press release - PIB....