India Gets Lower US Tariff Rate Under Section 301

Exam-focused facts from the 27 July 2026 current affairs briefing.

Key facts

The United States placed India in the lower 10% tariff bracket under new Section 301 tariffs.
India secured the 10% rate after productive discussions on labour practices with the US.
The 12.5% tariff rate was imposed on countries found lacking adequate measures to prohibit imports of goods made with forced labour.
The US Trade Representative (USTR) announced tariffs on 60 countries under Section 301(b) of the Trade Act of 1974.
Countries in the 10% tariff bracket include India, Argentina, Bangladesh, Cambodia, Canada, Ecuador, El Salvador, Guatemala, Honduras, Indonesia, Jordan, Malaysia, Mexico, Pakistan, Sri Lanka, Trinidad and Tobago, and the United Kingdom.