Donald Trump has proposed tariffs ranging from 10% to 12.5% on 60 trading partners, including the UK, the EU, and Australia, citing alleged failures related to forced labor. This proposal aims to revive his trade policy. In response, the EU stated that it expects the US to adhere to the tariff agreement made in July and contended that these new tariffs would violate the spirit of that agreement.
Trump proposes tariffs on 60 trading partners over forced labor concerns
Donald Trump has proposed new tariffs of 10% to 12.5% on 60 trading partners, including the UK and EU, due to concerns over forced labor. The EU has responded, emphasizing the need for the US to honor existing tariff agreements.
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Trump threatens tariffs on 60 trading partners including UK and Canada over ‘forced labour’
Trump proposes tariffs on 60 trading partners over forced labor concerns