India-US Trade Talks: 12.5% Tariff Threat Looms Over Global Supply Chains
Ministerial talks this week aim to finalize the first phase of a bilateral trade pact, potentially averting US tariffs that could disrupt India-linked supply chains. With a 12.5% forced-labor tariff proposed and a temporary 10% levy expiring July 24, logistics and procurement managers face a critical regulatory turning point.