US unveils fresh tariffs of up to 12.5% on 60 economies amid 'forced labour' probe; rate for India lowered to 10%

The Trump administration on Thursday imposed new tariffs of 10 per cent and 12.5 per cent on imports from 60 economies, including India, saying the move aims to push trading partners to strengthen enforcement against goods produced using forced labour. India now qualifies for the lower 10% rate after recent policy changes.

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