Trump New Tariffs | Trump Hits China, Israel With 12.5% New Tariffs. Why He Put India At 10%
US President Donald Trump has imposed new double-digit tariffs on at least 60 of America's trading partners, including India, China, and the United Kingdom, claiming
US President Donald Trump has imposed new double-digit tariffs on at least 60 of America's trading partners, including India, China, and the United Kingdom, claiming that they have inadequately enforced bans on goods produced by forced labour. The United States will impose taxes ranging from 10 per cent to 12.5 per cent on imports from these nations, which critics say are part of the president's broader campaign to reduce Americans' reliance on imports.
The announcement, which was anticipated, came just as the clock runs out on Friday on stopgap levies he imposed after a defeat at the Supreme Court. The White House, in its order, said that countries --such as China, the United Kingdom, and Japan-- that do not have any law barring the import of goods produced with forced labour rather than buying products made by higher-paid American workers, will face tariffs of 12.5 per cent.
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