Trump’s hypocritical new tariffs are a chance for the world to fight back | Joseph Stiglitz
Summary
President Donald Trump has introduced new tariffs on some countries, claiming to target forced labor. Critics say these tariffs follow old patterns related to trade balances and ignore issues of forced labor within the United States. The European Union has laws against forced labor imports but has not responded strongly to these new U.S. tariffs.Key Facts
- President Trump has changed tariffs frequently, sometimes violating international and U.S. laws.
- The current tariffs are said to address forced labor but closely follow previous tariffs based on trade deficits.
- The U.S. courts found some earlier tariffs illegal, though new temporary tariffs were still used.
- China, a country often linked to forced labor, has mostly been excluded from these new tariffs.
- The U.S. itself has issues with forced labor, especially through prison labor allowed under the 13th Amendment.
- About 1.4 million U.S. prisoners worked in 2005, with many in manufacturing jobs.
- The EU has a law banning goods made with forced labor but has not strongly challenged the U.S. tariffs.
- Critics suggest the EU should respond with tariffs targeting U.S. states that use prison labor.
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