Trump Adds Sanctions on 60 Firms
The administration of U.S. President Donald Trump has imposed new customs duties of 10% and 12.5% on imports from 60 countries, including China and the European Union, citing allegations that some nations have failed to implement a ban on forced labor in supply chains. These tariffs cover approximately 99.4% of U.S. imports, with exceptions for products such as oil, gas, and fertilizers. This move is part of ongoing efforts to maintain restrictions on goods produced through forced labor and to strengthen workers' rights, following the expiration of the temporary global tariffs that were previously in place. These new duties are expected to face fewer legal challenges than their predecessors, and the United States anticipates some protests from certain trading partners. Meanwhile, the government affirms that the ban is being enforced more rigorously to ensure human rights and reduce illegal practices within supply chains.
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