Topic
section 301
Trade Target gets $1bn boost from Trump tariff refunds after Supreme Court ruling
Target received almost $1bn (£733.9m) in tariff refunds from the US government, boosting its Q2 operating income to $2.6bn. The payment followed a Supreme Court ruling that declared a wave of President Donald Trump's tariffs unlawful. The retailer is using the money to invest in price while reducing its reliance on China.
Trade Trump Admin Accuses Over 40 Nations Including India of Helping China Evade Tariffs
The White House released 'The Great Transshipment Scam' report on Aug 13, 2026, alleging Chinese exporters use more than 40 countries, including India, to bypass US tariffs. India is placed in Tier 1 'Diversified Scale Leaders'. The report cites estimates of transshipment exposure ranging from $40B to $303B.
Trade US 'shadow transshipment network' report names India among 40 countries aiding China tariff evasion
The White House Office of Trade and Manufacturing Policy has named India among more than 40 countries facing risks of becoming conduits for Chinese goods evading US tariffs. A new report divides the countries into three risk tiers, with India placed in Tier 1 alongside Canada, the EU, Japan and Mexico. Senior trade adviser Peter Navarro warned India and Vietnam against using transshipment to circumvent higher US tariffs.
Trade US report: more than 40 countries helped China dodge Trump tariffs, White House claims
The White House released a report Thursday alleging that more than 40 countries, including Canada, India, Mexico, Japan and South Korea, helped China evade US tariffs by routing exports through nations with lower duties. The report cited estimates of $30bn-$300bn in goods moved via transshipping and said the US is deploying AI tools to catch such practices.
Trade Tariffs on trial: Small businesses take Trump's latest trade levies back to court
Two groups of small businesses have filed lawsuits challenging the Trump administration's latest tariffs, which impose double-digit levies on imports from 60 trading partners covering 99% of US imports. The lawsuits argue the government failed to justify the measures under Section 301 of the Trade Act of 1974 and that the tariffs are effectively replacing those struck down by the Supreme Court in February.
Trade New U.S. Tariffs Target Imports From China, Mexico, Canada and 57 Other Economies
The Trump administration replaced its temporary 10% global tariff with a new Section 301 tariff regime covering 60 economies that account for 99.4% of U.S. imports. The duties, ranging from 10% to 12.5%, took effect July 24, 2026, and are based on forced labor investigations. Hundreds of product exemptions and tariff-rate quotas for textiles were also announced.
Trade Trump Imposes Fresh Tariffs on 60 Economies Over Forced Labour; India Gets 10% Duty
US President Donald Trump imposed new Section 301 tariffs on imports from 60 economies over forced labour concerns, effective July 24, 2026. India is among 17 economies that will face a lower 10% tariff instead of the proposed 12.5% duty. The action follows USTR investigations launched on March 12, 2026.
Trade US Section 301 Tariffs Unlikely to Hit India's Exports, Textiles Need Close Watch, Says FIEO Chief
The US announced Section 301 tariffs of 10% and 12.5% on 60 economies on July 24, 2026, with India placed in the lower 10% category. FIEO chief Sahai stated the tariffs are unlikely to impact India's overall exports but noted that textiles need close watch as India was excluded from the textile TRQ exemption granted to some competitors. Products under Section 232 remain unaffected.
Trade GTRI Questions US 10% Section 301 Tariff on Indian Exports, Says Measure Lacks Credible Evidence
Global Trade Research Initiative (GTRI) has questioned the US 10% Section 301 tariff on Indian exports, stating it lacks credible evidence of forced labour. India had amended its Foreign Trade Policy in June 2026 to prohibit forced labour imports, reducing the proposed tariff from 12.5%. Around 70% of India's exports to the US will now face MFN duty plus the 10% tariff, while 8% face existing Section 232 duties.
Trade US Imposes Fresh Tariffs of Up to 12.5% on 60 Economies Over Forced Labour; India Gets Lower 10% Rate
The Trump administration announced new tariffs of 10% and 12.5% on imports from 60 economies under Section 301 of the Trade Act of 1974, targeting countries with inadequate forced labour enforcement. India secured the lower 10% rate following recent policy changes. The tariffs take effect July 3, 2026, replacing temporary global duties.
Trade USTR Hints at 'Action Soon' as 10% Tariff Expiry Looms, Canada Hit With 50% Duty
USTR Jamieson Greer said 'some action soon' is coming days before the current 10% additional tariff on all countries expires Friday. The Trump administration has imposed 50% tariffs on $20 billion of Canadian goods via Section 338 of the Tariff Act of 1930 and proposed Section 301 tariffs of up to 12.5% on 60 economies for forced labour issues.
Trade India-US Trade Deal Framework ‘Ready’ for Signing at ‘Right Time’, Says Official
An Indian official announced that the framework for the India-US trade deal is ready and will be signed at an appropriate time. Negotiations for a bilateral trade agreement are progressing. India is seeking a tariff structure that provides a comparative advantage. Separately, the USTR proposed Section 301 tariffs of up to 12.5% on India and other economies.
Trade India, US Have Framework Trade Deal Ready; Signing Awaits Right Time: Official
An Indian government official announced that the framework for the India-US trade deal is ready and will be signed at an appropriate time. Negotiations on the broader bilateral trade agreement (BTA) are progressing well. The official also addressed ongoing Section 301 investigations by the USTR, which have proposed additional tariffs on India and other economies.
Trade 100% tariff will supersede trade deals: Trump threatens countries planning digital services tax on US firms
The Times of India published a report on June 26, 2026, with a headline stating that Donald Trump threatens to impose a 100% tariff on countries planning a digital services tax on US firms. The article text, however, describes the TOI Business Desk and provides financial calculators, lacking substantive details on the tariff threat.
Trade How Trump’s Tax Credit Reversal Helped China Tech Power America's Cheapest EV
Slate, a Michigan-based automaker, launched the cheapest electric truck in the US at under $25,000, powered by lithium iron phosphate (LFP) batteries—a technology dominated by China. The repeal of the EV tax credit by the GOP-led Congress, fulfilling a Trump campaign promise, removed restrictions on Chinese battery content, allowing Slate to adopt LFPs. BloombergNEF predicts US EV sales will fall 19% in 2026 due to the policy change.
Trade US Forced Labour Hearings: Trump Tariff Threat Looms Over 60 Countries Including India
The United States Trade Representative (USTR) has proposed additional tariffs of 10% to 12.5% on goods from India and 59 other economies under a Section 301 investigation into forced labour. Three-day hearings starting July 7, 2026, will hear from affected countries including India, Mexico, Vietnam, and others. The move could complicate ongoing US-India trade talks.
Trade India's Auto Parts Exports to US Hold Strong Despite Section 301 Probe, Trade Deficit Emerges
India's auto component exports to the US remained robust in FY26, with the US accounting for 26% of total exports. Despite a USTR Section 301 investigation into alleged unfair practices, the industry posted 5% export growth to $24 billion. However, a trade deficit of $1.4 billion emerged as imports outpaced exports, with China the top import source at 36%.
Trade US companies warn higher tariffs may undermine domestic manufacturing push
Top US companies including Intel, Dell, and Honeywell have warned the USTR that its proposed additional tariffs of up to 12.5% on 60 countries, including India, would increase costs for consumers and businesses and undermine the administration's goal of expanding domestic manufacturing. Several firms are seeking exemptions for specific products.
Trade USTR's Sec 301 Probe on Forced Labour: India Urges Reconsideration of Proposed 12.5% Tariffs
India has formally requested the U.S. Trade Representative to reconsider proposed 12.5% tariffs under a Section 301 forced labour investigation, arguing the USTR failed to conduct economy-specific analysis and provided insufficient evidence of unfair advantage. The proposed tariffs target 54 economies, including India and China, with a 10% rate for six economies and 12.5% for 48 others. Public hearings were held on July 7, 2026.
Trade India–US Trade Deal Nears Finalization as July 24 Tariff Deadline Looms
India and the United States are close to finalizing an interim trade deal before July 24, when a temporary 10% US tariff expires. High-level negotiations in New Delhi focused on tariff reciprocity, market access, and India's $500 billion purchase plan. Key roadblocks remain after a US Supreme Court ruling altered the tariff landscape.
Trade Piyush Goyal and US Trade Representative Jamieson Greer Launch Bilateral Trade Pact Talks in New Delhi
India's Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer began talks on a bilateral trade agreement (BTA) in New Delhi on June 23, 2026. The negotiations come after significant changes in US tariff policies, including the Supreme Court striking down earlier tariffs and the imposition of 10% Section 122 tariffs. Both sides are relooking at the framework agreed in February 2026, which had proposed US tariff reductions to 18% on Indian goods.
Trade India Seeks Tariff Edge Over Asian Rivals as US Trade Chief Arrives for Talks
India is negotiating a trade deal with the United States, seeking tariff advantages over Asian competitors. Commerce Minister Piyush Goyal said he hopes to finalise an agreement before a temporary US tariff expires on July 24.
Trade India's goods exports rise 15% in first 2.5 months of FY2026-27, driven by oil and FTA push
India's goods exports grew nearly 15% in the first two-and-a-half months of FY2026-27, according to commerce minister Piyush Goyal. The growth is aided by strong oil exports and the expected operationalisation of several free trade agreements, including the UK FTA from July 15, 2026, and the EU FTA by early 2027. Talks with the US, Canada, Kenya, and the South African Customs Union are also underway.
Trade India-US trade deal enters final lap as ministerial talks to begin this week
India and the US are set to hold ministerial-level negotiations this week to finalise the first phase of their bilateral trade agreement (BTA). USTR Jamieson Greer will meet Commerce Minister Piyush Goyal in New Delhi, building on chief negotiator-level discussions held from June 2-4. The talks come as a US temporary 10% tariff expires on July 24, and amid ongoing Section 301 investigations that could impose 12.5% tariffs on Indian imports.
Trade India, US to hold ministerial-level talks on bilateral trade pact this week
India and the United States will hold ministerial-level talks this week on a bilateral trade agreement (BTA). Commerce Minister Piyush Goyal announced that his US counterpart is visiting Delhi for the discussions, which aim to finalize the framework of the first-phase deal amid changing tariff landscapes and ongoing Section 301 investigations.
Trade Shippers Say Renewed Tax on Chinese Ships Could Put Some U.S. Ag Producers Out of Business
Democratic Senators Mark Kelly and Elizabeth Warren are urging the Trump administration to reinstate port fees on Chinese cargo vessels, which were suspended until November 2026. The Agriculture Transportation Coalition warns the fees could put some U.S. agricultural producers out of business by dramatically increasing shipping costs and singling out exports for the harshest measures.
Trade Trump threatens 100 percent tariff on France's wine industry over its tech tax - Engadget
President Donald Trump has threatened to impose a 100% tariff on all French wine and champagne imports unless France removes its three percent digital services tax on US tech companies. The threat, made ahead of the G7 conference in France, targets the GAFAM tax which generates around $700 million per year for France. French wine and champagne sales in the US are worth at least $2 billion.
Trade Indian Goods Exports Estimated to Grow 15% in May, Driven by Petroleum and Other Sectors
Indian goods exports are estimated to have grown 15% in May 2026, driven by high global oil prices boosting the crude refining industry, according to a government official. Excluding petroleum, exports rose 11%. The official also stated that the first phase of the India-US bilateral trade agreement can be finalised after the US concludes Section 301 investigations, which will end temporary 10% tariffs on July 24.
Trade India Seeks Preferential Tariffs, End to Forced Labour Probe in US Trade Deal
India has outlined key demands in trade talks with the US, including preferential tariff treatment and an end to the Section 301 forced labour investigation. An interim deal could be finalised by mid-July, but progress hinges on Washington concluding its probes. The US has proposed additional 12.5% tariffs on Indian imports over forced labour concerns.
Trade US Proposes New Tariffs on India Amid Trade Talks
The US Trade Representative has proposed new tariffs on India under Section 301, citing unfair trade practices. This move comes during ongoing trade negotiations between the US and India.