24 Hrs
Source:
The Boston Globe
The Boston Globe
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The United States imposed new tariffs of 10% to 12.5% on 60 countries, including Australia, New Zealand, Japan, and South Korea, citing failures to enforce bans on goods made with forced labor. Australia and New Zealand criticized the tariffs as unjustified, while Japan expressed disappointment despite earlier assurances on trade agreements. Experts indicated that the tariffs are less severe than previous measures and may face fewer legal challenges, but they are expected to increase costs for businesses and consumers.
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