U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies. Grouped from 6 articles across 6 sources.
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USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
WASHINGTON/BRASILIA, June 2 - The Trump administration has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer said late on Monday.
US claims world’s 10th-biggest economy engages in ‘unreasonable’ trade practices that ‘restrict US commerce’ Sign up for the Breaking News US newsletter email The Trump administration proposed 25% tariffs on imports from Brazil , charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict US commerce”. Luiz Inácio Lula da Silva said he received the decision “with indignation”. The Brazil president also blamed the decision by the US administration on his rival in October’s elections, Flávio Bolsonaro , the senator who visited Washington last week. The senator is the son of former president Jair Bolsonaro, once nicknamed “the Trump of the Tropics” by his allies. Continue reading...
The Trump administration proposed 25% tariffs on imports from Brazil, charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict U.S. commerce
The US plans new 25 percent tariffs on Brazilian imports, citing issues like deforestation and digital trade practices.
A new wave of Trump tariffs could unsettle US trade partners which have already signed new trade deals or have been negotiating them for months.
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White House makes first significant effort to resurrect sweeping tariffs since its defeat at US Supreme Court
Australia could be hit with a new US tariff after the Trump administration accused dozens of countries of failing to crack down on goods made with forced labour.
The US and Iran traded renewed fire in the Persian Gulf in a flareup of tensions on Wednesday. The fighting comes as peace efforts remain stalled. Grouped from 8 articles across 5 sources.
About US$166 billion (S$212.46 billion) in revenue is at stake.
US President Donald Trump has threatened to slap higher tariffs on European goods if the EU misses a July 4 deadline to approve a trade deal with Washington.
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following "attempted attacks" by Iran. Grouped from 2 articles across 1 sources.