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Industry optimistic about low, if not zero, tariff on electronics exports
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Surajeet Das Gupta New Delhi
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The imposition of specific tariff on electronic manufacturing — which, for India, primarily means mobile devices, apart from servers, laptops, and personal computers (PCs) — is pegged on one key clause under Section 232 investigation by the US commerce department.
Section 232 of the Trade Expansion Act of 1962, administered by the US Department of Commerce, allows the President to restrict imports that threaten national security. The commerce department investigates potential threats, and if a threat is found, the President can impose tariffs or other trade restrictions.
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