America preparing to impose tariff on India again: Started investigation under ‘Section 301’, if evidence of unfair trade is found, heavy tax will be imposed
America’s Donald Trump administration has started a new investigation under ‘Section 301’ against 16 of its major trading partners, including India and China. ‘Section 301’ gives America the power to unilaterally increase taxes on countries that are causing losses to its companies. After the US Supreme Court ruled President Trump’s tariffs illegal last month, the…