The full story of US tariff threat on India

President Trump is preparing new tariffs under Section 301 of the Trade Act of 1974, replacing tariffs struck down by the Supreme Court.

The temporary 10% tariff expires early Friday, ending five months of relative trade stability.

U.S. Trade Representative Jamieson Greer said new tariff action is expected soon.

Trump announced separate additional 50% tariffs on certain Canadian goods to pressure renegotiation of the USMCA.

The new Section 301 tariffs are based on investigations into forced labor in 60 economies.

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

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

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

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

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

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

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

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

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

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

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

The meeting occurred on the sidelines of ASEAN meetings.

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