USTR proposes tariffs on 60 economies over forced labor (opens in new tab)

The Office of the U.S. Trade Representative proposed additional tariffs of 10% or 12.5% on imports from 60 economies after Section 301 investigations found alleged failures to block goods made with forced labor from entering supply chains. The higher proposed 12.5% rate would apply to major economies including India, China, Japan, South Korea, Brazil and Switzerland, while a 10% rate would apply to economies including Canada, Mexico, the European Union, Taiwan and the United Kingdom. U.S. Tra...