U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
Key points
- People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in Los Angeles, California.
- The Office of the U.S. Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies over their failure to ban goods made with forced labor, in a sweeping action that would hurt most trading partners, including China, the European Union and Japan.
- The determination, made under Section 301 of the Trade Act of 1974, found that all 60 countries have failed to impose or effectively enforce a prohibition on forced labor-related imports, creating what it called an "unlevel playing field" for American workers.
- USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
- The trade authority also proposed a separate textile mechanism that would allow...
Quick Summary
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in Los Angeles, California. The Office
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This development is important because it may impact public opinion, policy decisions, and future developments related to U.S. proposes fresh tariffs on 60 economies over forced labo.
Key Takeaways
- People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in Los Angeles, California.
- The Office of the U.S.
- Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies over their failure to ban goods made with forced labor, in a sweeping action that would hurt most trading partners, including China, the European Union and Japan.
- The determination, made under Section 301 of the Trade Act of 1974, found that all 60 countries have failed to impose or effectively enforce a prohibition on forced labor-related imports, creating what it called an "unlevel playing field" for American workers.
- USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
📌 Source: CNBC
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