New USA forced labor tariffs hit sixty countries
The United States government is implementing new trade tariffs ranging from 10% to 12.5% against 60 different trading partners. These measures, enacted under Section 301 of the Trade Act of 1974, specifically target nations that have allegedly failed to prevent the importation of goods manufactured with forced labor. This policy shift serves as a more legally resilient replacement for previous duties that were recently overturned by the Supreme Court. While some nations face higher costs for failing to adopt strict labor standards, others have received specific exemptions or specialized…
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