US says it plans extra tariffs of 10% or more for most trading partners after forced labor probe
Summary
The Trump administration plans to impose extra tariffs of 10% or more on products from many major trading partners after a review found they did not stop imports made with forced labor. These additional taxes aim to address unfair competition against American workers and push countries to better enforce rules against forced labor.Key Facts
- The U.S. Trade Representative proposes tariffs of 10% or more on goods from countries like Canada, Mexico, Taiwan, and the UK.
- China, Japan, India, South Korea, Brazil, and Switzerland would face 12.5% extra tariffs.
- The tariffs respond to a report that 60 countries failed to stop imports made with forced labor.
- The investigation used Section 301 of the Trade Act of 1974, which allows tariffs for unfair trade practices.
- Public hearings on the proposed tariffs are scheduled to start on July 7, with tariffs not taking effect immediately.
- President Trump recently met with China’s leader, Xi Jinping, to discuss trade and investment improvements.
- The move follows recent trade tensions and tariff agreements involving the European Union.
- U.S. officials say forced labor imports create unfair competition for American workers and disrupt U.S. commerce.
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