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Commerce Minister Goyal defends India against U.S. forced labour and excess capacity investigations
The brief
- Goyal defended India against U.S. forced-labour and excess-capacity investigations
- The U.S. has already imposed a 10% forced-labour tariff on imports from India
- The tariff and investigations expose Indian exporters to higher trade costs and uncertainty
India’s response to US trade investigations
The reports frame US tariff threats as a test for India’s energy and exports. Commerce Minister Piyush Goyal said India has no structural excess manufacturing capacity in sectors identified by the G20 Presidency and defended the country against US forced-labour and excess-capacity investigations.
Friday, 2 October
- Commerce Minister Goyal defends India against U.S. forced labour and excess capacity investigations