US announces new tariffs over forced labour concerns
The US has introduced new tariffs of 10-12.5% on 60 trading partners due to concerns over forced labour practices. This decision follows an investigation that found these countries have not effectively prohibited the importation of goods made with forced labour. Critics argue that these tariffs may lead to increased prices for consumers in the US and elsewhere.
- ▪The new tariffs affect countries including the UK, EU, Canada, and Japan.
- ▪The US Trade Department stated that these countries failed to enforce prohibitions against forced labour goods.
- ▪This is the second round of tariffs announced since the Supreme Court struck down previous duties in February.
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US announces new tariffs over forced labour concerns37 minutes agoShareSaveAdd as preferred on GoogleMitchell LabiakBusiness reporterGetty ImagesThe US has announced new tariffs on dozens of countries of 10-12.5% over concerns they are not doing enough to tackle forced labour.It is the second time President Donald Trump's administration has announced new import taxes since the US Supreme Court struck down many of his previous duties in February.The 60 trading partners listed – including the UK, the EU, Canada, and Japan – account for almost all of the goods sold to the US.The US Trade Department said these countries will face the tariffs because of their failure to address the importing of goods made with forced labour.
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