The United States is moving to place new taxes on goods coming in from dozens of countries around the world, with rates ranging from 10% to 12.5%.
The tariffs will apply to imports from 60 countries, which together make up 99% of all products brought into the United States. The driving reason behind the move is the claim that these nations have not done enough to enforce existing bans on products manufactured using forced labor.
President Donald Trump announced the new trade measures, continuing his administration’s aggressive use of tariffs as a tool of economic and foreign policy pressure.
