HomeAmericas

US rebuilds its tariff wall with forced-labor levies on 60 economies

Americas 2 sources 2 countries 🔦 Under-reported just now

The United States has implemented new tariffs on 60 trading partners, citing a failure by these nations to adopt and effectively enforce bans on goods produced with forced labor. These levies, which impact countries accounting for approximately 99% of U.S. imports, represent a significant restructuring of American trade policy.

The tariff rates vary by region, with products originating from the European Union and Taiwan subject to a minimum duty of 10%. Imports from Japan face a higher threshold, with taxes set at a minimum of 12.5%. According to the Office of the U.S. Trade Representative, these measures were enacted to address concerns regarding the global prevalence of forced labor in supply chains.

In-depth summary · AI, neutral
Read the full story at the source Japan Times · JP
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →

Covered by 2 sources