US imposes 10–12.5% tariffs on about 60 partners over forced labour
The United States is widening its trade fight, imposing new duties on goods from about 60 trading partners over forced labour concerns.
The levies, set between 10 and 12.5 percent, come into force on Friday. Among the economies affected are the United Kingdom, the European Union, Canada, Japan and India.
The White House says the measures are meant to shield American workers and promote fair competition. Economists caution that firms may shift the extra cost onto shoppers through higher prices on everyday items.
Governments and industry groups in the targeted markets are considering court challenges and possible counter-tariffs. Washington is also pursuing further probes that could bring additional trade steps later this year.
Syndicated from Television Jamaica (Video) · originally published .
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