US Proposes Additional 12.5 Percent Tariff on Some Countries After Forced Labor Probe
'The failure of our most important trading partners to address the importation of goods made with forced labor is unacceptable,' trade czar Jamieson Greer said.
US Proposes Additional 12.5 Percent Tariff on Some Countries After Forced Labor Probe The Trump administration has proposed tariffs up to 12.5 percent on imports from dozens of trading partners. This action stems from concerns that these partners have not adequately enforced import bans on goods produced with forced labor. The U.S. Trade Representative’s Office finalized investigations into 60 trade partners to assess their practices regarding forced labor products entering the U.S. market.
- Trump administration proposes tariffs up to 12.5% on imports from dozens of trading partners.
- Concerns are raised about trading partners failing to enforce bans on goods made with forced labor.
- The U.S. Trade Representative’s Office (USTR) completed investigations into 60 trade partners.
- Investigations were launched under Section 301 of the Trade Act of 1974, concerning unfair trade practices.
- The probes examine if partner practices discriminate against or burden U.S. commerce.
No comments yet.
Write a comment