Foreign Media: On July 14, India's Ministry of Commerce announced it would ban the import of goods produced using forced labor. This move is seen as a response to potential new tariffs that the United States might impose on India for failing to prohibit imports of products made with forced labor.
India currently faces the prospect of an additional 12.5% tariff from the United States. The new policy authorizes the Indian government to prohibit the import of goods—entirely or partially—produced using forced labor. Indian foreign trade authorities will be responsible for investigating relevant products; if evidence is found, they will recommend to the government the imposition of import bans.
The regulation will come into effect officially after 30 days. Analysts believe this move serves both to strengthen India’s own trade oversight and to reduce the risk of escalating trade friction with the United States. Currently, most Indian goods entering the U.S. market face a 10% tariff, while the United States is considering further tariff increases through two ongoing investigations—forced labor and excess capacity.
Original source: toutiao.com/article/1870702879730688/
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