InternationalFriday, 24 July 2026·The Hindu - Economy
U.S. imposes 10% tariffs on Indian goods under Section 301; India’s 2025 trade with U.S. nears $141 billion
The U.S. imposed 10% tariffs on Indian goods on July 24, 2026 under Section 301, while bilateral goods trade in 2025 was nearly $141 billion.
Key highlights
Direct fact
On July 24, 2026, the United States imposed 10% tariffs on goods imported from India under Section 301 of the Trade Act of 1974, affecting 17 countries in total.
Key specifics
- The tariff action was announced by U.S. Trade Representative Jamieson Greer on July 24, 2026.
- Section 301 of the Trade Act of 1974 was cited as the legal basis for the measure.
- The 10% rate applied to 17 countries, including India, Canada, the U.K., Bangladesh and Pakistan.
- India’s foreign trade policy was amended on June 14, 2026 to prohibit imports of goods produced using forced labour.
- In 2025, India-U.S. bilateral goods trade was nearly $141 billion, with India’s exports at $87.3 billion.
Exam lens
Question type: international trade and bilateral relations, Section 301, Trade Act of 1974, 10% tariff, $141 billion trade. TNPSC may ask the legal section used or India’s export value to the U.S. in 2025.