US plans extra tariffs for 60 countries over forced labor
Key takeaways
- A new wave of Trump tariffs could unsettle US trade partners which have already signed new trade deals or have been negotiating them for months.
- "This creates a dynamic where American workers are forced to compete globally on an unlevel playing field.
- The tariff proposal is currently open to public comment and review and is therefore not in immediate effect.
Why this matters: an international story with cross-border implications worth tracking.
A new wave of Trump tariffs could unsettle US trade partners which have already signed new trade deals or have been negotiating them for months.
https://p.dw.com/p/5El Jr A US delegation is currently in sitting in India to finalize a trade deal after last year's sanctions Image: Andrew Leyden/Nur Photo/picture alliance Advertisement US President Donald Trump's administration is proposing additional tariffs of 10% or more to be imposed on its trading partners following a probe into countries importing goods allegedly made with forced labor.
In a report released Wednesday, the US Trade Representative (USTR) said it had found that 60 economies had failed to "impose and effectively enforce a prohibition on the importation of goods produced with forced labor," calling it a "burden" to US commerce.