‘Forced labour’ rationale for Trump tariffs met with bewilderment
Measures effectively replace a blanket 10% tariff that Donald Trump imposed in February but were ruled illegal by US supreme court Donald Trump has once again inspired anger and confusion in US allies and trading partners as he imposed a wave of tariffs on more than 80 countries replacing an expiring global duty rolled out earlier this year. The new measures effectively replace a blanket 10% tariff that Trump imposed in February. The US supreme court ruled many of those were illegal. The new levies come in at between 10% and 12.5% on countries including the UK, Mexico, Canada, Australia, India, China and the 27 countries that make up the EU. Continue reading...
Donald Trump has once again inspired anger and confusion in US allies and trading partners as he imposed a wave of tariffs on more than 80 countries replacing an expiring global duty rolled out earlier this year.
The new measures effectively replace a blanket 10% tariff that Trump imposed in February.
The new levies come in at between 10% and 12.5% on countries including the UK, Mexico, Canada, Australia, India, China and the 27 countries that make up the EU.
They are imposed under section 301 of the US Trade Act of 1974, and the Trump administration has said the new measures are due to the dozens of countries failing to enforce bans on goods produced by forced labour.
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