24/07/2026
US Imposes New Tariffs on Dozens of Trading Partners Over Forced Labour Concerns
The United States has officially imposed new tariffs ranging from 10% to 12.5% on approximately 60 major trading partners, covering nearly all US imports. The Trump administration says the measures target countries that have failed to adequately prohibit or enforce bans on goods produced through forced labour.
The new tariffs affect key economies including the European Union, China, the United Kingdom, Canada, Japan, and India. According to the US Trade Representative, the policy is intended to protect workers' rights and eliminate unfair trade practices. However, several countries, including Brazil, Japan, and Australia, have criticized the move as unjustified and warned it could intensify global trade tensions while increasing costs for businesses and consumers.
Source: BBC News