US Sets Final 10% Section 301 Tariff on Select Indian Imports
The US has imposed a final 10% additional ad valorem duty on select Indian exports, below the 12.5% initially proposed. Pharmaceuticals and smartphones remain exempt, while textile treatment awaits a separate mechanism under India-US trade negotiations.
The US imposed a final 10% Section 301 tariff on select Indian imports, below the proposed 12.5%. Pharmaceuticals and smartphones remain exempt, while textile tariff treatment awaits a separate mechanism under ongoing India-US trade negotiations.
Why this matters
The final duty follows a recent signal placing affected Indian imports in a 10% forced-labour tariff tier. It also coincides with monsoon-driven cotton supply risks and rising investment under India’s PLI schemes.
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