India says 45% of US-bound exports remain outside new Section 301 tariffs
A 10% additional duty will apply to 55% of India’s exports to the US from July 24, while pharmaceuticals and smartphones are among exempt categories. India’s textiles, apparel, leather and footwear retain a tariff edge over rivals facing 12.5%.
India says 45% of exports to the US, including generic drugs and smartphones, avoid new Section 301 duties. A 10% tariff on remaining exports preserves relative competitiveness for Indian textiles, garments, leather and footwear versus several Asian rivals facing 12.5%.
Why this matters
The tariff assessment follows the Ministry of Commerce and Industry’s planned sustainability certification system for exporters facing EU and US compliance pressure.
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