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The full story of US Tariff Wave on 60 Countries

US Tariff Wave on 60 Countries

Politics · 23 reports · 8 sources · Updated 1h ago

The story so far

US Tariff Wave on 60 Countries

Tracked across 8 sources · Updated 1h ago

Trump administration announces new Section 301 tariffs of 10-12.5% on 60 countries, including India (10%), citing forced labour concerns. The tariffs replace expiring global duties. India-US trade deal talks progress during Jaishankar-Rubio meeting in Manila, with India seeking to mitigate pharma tariff risks.

How it unfolded

  1. 2h ago

    India placed in 10% tariff slab; lower rate after talks

  2. 1d ago

    US announces tariffs on 60 nations over forced labour

  3. 2d ago

    Jaishankar, Rubio meet in Manila; discuss trade deal

  4. 3d ago

    Trump plans new tariffs on many countries

What happened earlier

Latest updates

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US imposes 10% ‘forced labour’ tariff on India under Section 301 investigation

in5points
  1. The US imposed a 10% tariff on imports from India under Section 301 of the Trade Act of 1974, following a forced labour investigation.

  2. India's rate is lower than the originally proposed 12.5% tariff, placing it on par with Pakistan, Sri Lanka, Bangladesh, and others.

  3. Tariffs were applied to 60 countries accounting for over 99% of US imports for failing to prohibit and enforce restrictions on forced labour goods.

  4. The action, announced by US Trade Representative Jamieson Greer, replaces a temporary 10% global tariff that expired the same week.

  5. India is also under a separate Section 301 investigation into alleged excess manufacturing capacity.

Earlier · 2d ago

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Trump plans new tariffs on India and other nations

in5points
  1. Donald Trump plans new tariffs of roughly 10–12.5% on up to 60 countries, including India, citing forced-labour and unfair trade practices.

  2. The tariffs roll out as a temporary 10% tariff expires on Friday, with potential steeper duties under investigation for excess industrial capacity.

  3. India's bilateral trade deal with the US remains deadlocked over market access, agriculture, digital trade, and tariff concessions.

  4. India's Commerce Minister Piyush Goyal refuted reports of a stalled deal but no agreement is in sight, complicating negotiations.

  5. The tariff escalation risks financial market instability, inflation, and harm to US consumers ahead of November midterm elections.

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Earlier · 2d ago

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Globe at a glance: From fresh US attacks in Iran to new Trump tariffs

in5points
  1. US begins 11th straight night of attacks on Iran, targeting military sites to degrade threats to shipping in the Strait of Hormuz.

  2. US to impose new tariffs that could hit dozens of countries, with trade envoy Jamieson Greer signaling their readiness.

  3. Fresh tariffs target 60 trading partners over alleged failures to act against forced labour.

  4. President Donald Trump's temporary global levies are due to expire this week.

  5. Zelenskyy dismissed Oleksandr Syrsky, commander-in-chief of Ukraine's army.

Earlier · 2d ago

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Jaishankar meets US's Rubio in Manila, discusses India-US partnership

in5points
  1. External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio in Manila.

  2. The meeting occurred on the sidelines of ASEAN meetings.

  3. They discussed India-US partnership including trade, energy, defence, and critical minerals.

Earlier · 9h ago

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US set to unveil fresh tariffs as Trump's 10% global levy faces Friday expiry

in5points
  1. US planning fresh tariffs on multiple countries as Trump's temporary 10% global levy expires Friday.

  2. Supreme Court ruled against Trump's earlier emergency tariff strategy.

  3. Fresh tariffs expected to target dozens of nations.

  4. Trump's tariff policies face legal and procedural challenges.