The Straits Times·3 min read·medium
US imposes new tariffs over forced labour concerns
✦AI Summary
The US has implemented new tariffs ranging from 10% to 12.5% on 60 trading partners, citing forced labor concerns. These measures replace expiring duties and are designed to be more legally robust following previous Supreme Court challenges.
The levies, which take effect on July 24, range from 10 per cent to 12.5 per cent and impact major economies like China, India and the European Union.
economypoliticsbusiness
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