The Straits Times·3 min read·medium
US readies new tariffs as Trump’s 10% global levy to expire
✦AI Summary
The US is preparing new tariffs on 60 countries over forced labor concerns, intended to replace expiring global levies. These measures, which include significant duties on Canadian and Brazilian goods, are being used as leverage in ongoing trade negotiations.
US President Donald Trump’s 10 per cent global tariff - imposed after the US Supreme Court struck down a swathe of his tariffs in February - is due to expire on July 24.
businesspoliticseconomy
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