US Proposes Tariffs On 60 Nations

US proposes 10% tariffs on 60 countries over forced labor The US has proposed tariffs of at least 10% on imports from around 60 countries. The move is in response to forced-labour practices and aims to reconstruct the country-by-country tariff regime. China

US proposes 10% tariffs on 60 countries over forced labor

The US has proposed tariffs of at least 10% on imports from around 60 countries.

The move is in response to forced-labour practices and aims to reconstruct the country-by-country tariff regime.

China, India, Japan, and others face a higher proposed rate of 12.5%.

The levies are not immediate, with written public comments due by July 6 and hearings beginning July 7.

Leave a Reply

Your email address will not be published. Required fields are marked *