Trump administration to impose tariffs up to 12.5% on 60 trading partners over forced labor

The Trump administration announced it will impose tariffs of up to 12.5% on goods from 60 U.S. trading partners, saying the countries have failed to crack down on forced labor, the administration said.

The administration said the move targets trading partners it accuses of not taking adequate steps to combat forced labor in their supply chains.

The announcement said the tariffs will apply to a range of imported goods from the 60 partners, but offered no further detail in the statement, according to the administration.

The administration said the action extends its existing tariffs to much of the world as part of its enforcement measures, the statement said.

Source: Original Article