US announces new tariffs over forced labour concerns
It comes after the US Supreme Court struck down many of US President Donald Trump's previous duties in February.
It comes after the US Supreme Court struck down many of US President Donald Trump's previous duties in February. Grouped from 10 articles across 8 sources.
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It comes after the US Supreme Court struck down many of US President Donald Trump's previous duties in February.
White House makes first significant effort to resurrect sweeping tariffs since its defeat at US Supreme Court
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.
Trump administration targets major trading partners with additional tariffs of up to 12.5% in bid to replace its struck-down emergency levies
The Trump administration proposed imposing additional duties of 10 per cent or 12.5 per cent on imports from 60 economies after determining they failed to curb trade in goods made with forced labour.
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 levies won't go into effect immediately and are subject to a public comment and review period before implementation.
Proposal for 10-12.5% levies, to also include EU, Taiwan and Australia, would allow US president to skirt court-imposed limits Donald Trump has threatened tariffs of between 10% and 12.5% on 60 trading partners including the UK, the EU and Australia over alleged forced labour failures, in the latest attempt to revive his signature trade policy. The EU immediately hit back, saying it expected the US to respect the tariff deal it entered into last July and arguing that stealth tariffs breached the spirit of that agreement. Continue reading...
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...
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.
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The US plans new 25 percent tariffs on Brazilian imports, citing issues like deforestation and digital trade practices. Grouped from 3 articles across 3 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.
The Trump administration is proposing a broad new set of tariffs on dozens of key trading partners, including the European Union, China, Mexico and Canada.
Demonstrators in Nairobi have carried an ‘Ebola’ coffin to protest a proposed US quarantine facility. Grouped from 6 articles across 6 sources.
COPENHAGEN, June 2 - Danish Prime Minister Mette Frederiksen's new centre-left government will resist U.S. pressure over the future of Greenland, tackle domestic inflation and expand the welfare state, according to a…