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US announces new tariffs over forced labour concerns
Key takeaways
- Mitchell Labiak Business reporter Getty Images The US has announced new tariffs on dozens of countries of 10-12.5% over concerns they are not doing enough to tackle forced labour.
- It is the second time President Donald Trump's administration has announced new import taxes since the US Supreme Court struck down many of his previous duties in February.
- The 60 trading partners listed – including the UK, the EU, Canada, and Japan – account for almost all of the goods sold to the US.
Why this matters: a developing story that could shape the day's news cycle.
Mitchell Labiak Business reporter Getty Images The US has announced new tariffs on dozens of countries of 10-12.5% over concerns they are not doing enough to tackle forced labour.
It is the second time President Donald Trump's administration has announced new import taxes since the US Supreme Court struck down many of his previous duties in February.
The 60 trading partners listed – including the UK, the EU, Canada, and Japan – account for almost all of the goods sold to the US.
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