
US Imposes New Tariffs on 60 Countries Over Forced Labor Claims
The United States has imposed new tariffs on 60 trading partners, including the EU and China, citing claims of forced labor. This move has drawn opposition from China and dismay from other affected countries, with some questioning the legal basis.
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President Donald Trump speaks during a press briefing at the White House. Chen Mengtong/China News Service/VCG via Getty Images The Trump administration on Thursday revealed new double-digit tariffs on dozens of US trading partners. The new duties range from 10 to 12.5%. They follow a five-month investigation into trading partners' efforts to root out products made with forced labor. The Trump administration on Thursday finalized new double-digit tariffs on dozens of U.S. trading partners a...
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The United States said Thursday that it would impose new tariffs on 60 trading partners over forced labor concerns, replacing an expiring global duty rolled out by President Donald Trump earlier this year. The levies, effective Friday, range from 10 percent to 12.5 percent and impact major economies like China, India and the European Union. […]
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Read full article →U.S. imposes new tariffs on 60 countries
The U.S. government has imposed new tariffs on 60 countries that account for the vast majority of U.S. imports because, according to Washington’s assessment, they have not taken sufficient measures to combat forced labor.
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The US imposes new Trump tariffs on Nigeria and 59 other nations due to forced labour claims. Get the full list of affected countries and tariff rates. Read More: https://punchng.com/full-list-trumps-tariffs-on-nigeria-59-other-countries-over-forced-labour-claims/
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The levies, which take effect Friday, range from 10 percent to 12.5 percent and impact major economies like China, India and the European Union. The post US announces new tariffs on 60 trading partners appeared first on Vanguard News.
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The US is imposing new tariffs on around 60 trading partners that account for the vast majority of its imports, over claims they failed to properly stop forced labour.
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