How the new US tariffs stack India against its competitors

US President Donald Trump at the White House on Thursday. (AP) 6 min readJul 25, 2026 07:00 AM IST First published on: Jul 25, 2026 at 07:00 AM IST The US administration under Donald Trump has begun its efforts to reconstruct its International Emergency Economic Powers Act (IEEPA) tariffs that were declared illegal by the US Supreme Court in February. Starting Friday, the administration began imposing new tariffs under Section 301 of the US Trade Act of 1974 on the grounds that the 60 countries it targets — all major exporters to the US — have failed to take measures to stop imports of goods manufactured through forced labour.