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Trump threatens tariffs on 60 countries including UK and Canada over ‘forced labour’
Why this matters: a developing story that could shape the day's news cycle.
Proposal for 10-12.5% levies, to also include EU, Taiwan, Canada and Australia, would allow US president to skirt court-imposed limits Donald Trump has threatened tariffs of between 10% and 12.5% on 60 countries including the UK, EU and Australia over alleged forced labour failures, in the latest attempt to revive his signature trade policy.The EU immediately hit back, saying it expected the US to respect the tariff deal it entered into last July and arguing stealth tariffs breached the spirit of that agreement. Continue reading...
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