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.
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

U.S. proposes fresh tariffs on 60 economies over forced labor trade practices The U.S. Trade Representative has proposed tariffs of up to 12.5% on imports from 60 economies for failing to ban goods made with forced labor, citing an “unlevel playing field” for American workers. A 10% duty rate is proposed for countries with partial bans, and 12.5% for others, with a separate mechanism for reduced textile import rates. This action utilizes Section 301 of the Trade Act of 1974, authorizing levies against unfair foreign trade practices.

  • The U.S. has proposed tariffs of up to 12.5% on imports from 60 economies.
  • The tariffs are a consequence of these economies failing to ban goods made with forced labor.
  • Economies with partial forced labor bans will face a 10% duty, while others face 12.5%.
  • This action is being taken under Section 301 of the Trade Act of 1974.
  • The U.S. is also seeking public comment on a new U.S.-China Board of Trade for potential mutual tariff reductions.
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