US sets 10% Section 301 tariff on Indian goods; textile quota relief skips India
The US has imposed a 10% Section 301 levy on Indian goods over forced-labour concerns, lower than the 12.5% proposed in March. India is excluded from a three-year textile tariff-rate quota arrangement granted to Bangladesh, Cambodia, Indonesia and Malaysia, potentially widening apparel sourcing advantages for rival exporters.
The US imposed a 10% Section 301 tariff on Indian goods tied to forced-labour concerns, reduced from 12.5% proposed earlier. India received no textile tariff-rate quota, while Bangladesh, Cambodia, Indonesia and Malaysia gained temporary apparel-export relief.
Why this matters
No related recent signals are provided. The US tariff and quota exclusion increase sourcing pressure on India as rival Asian apparel exporters gain preferential textile access.
Retail-company signals are accelerating, up 1,067,200% QoQ.