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Trump Hits 60 Countries With New Tariffs: Here’s Why

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Trump Hits 60 Countries With New Tariffs: Here’s Why


Topline

The Trump administration will impose new tariffs on 60 countries over alleged forced-labor violations, U.S. trade officials announced Thursday, as President Donald Trump’s temporary global tariffs are set to expire.

Key Facts

Levies between 10% and 12.5% will be imposed on 60 U.S. trade partners and will take effect shortly after midnight Friday, the Office of the U.S. Trade Representative announced.

The trade partners face new tariffs for their alleged “failure to impose and effectively enforce” a ban on forced-labor practices in trade with the U.S., the office said.

This is a developing story.



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