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HomeNewsTechnologyUS may spare India from Sec 301 tariffs if deal is concluded...

US may spare India from Sec 301 tariffs if deal is concluded by July 24

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US may spare India from Sec 301 tariffs if deal is concluded by July 24

"The advantage of signing a deal now is that even if India is found to violate Section 301, the additional tariff will not be imposed. The tariff will remain at the pre-negotiated level of 18 per. For other countries in violation of Section 301 and without trade deals, tariffs will be much higher than the negotiated tariffs," an official source…

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