Reaction to US imposing new tariffs on 60 trading partners
The duties cover 99% of U.S. imports and exempt oil, gas, fertilizer and some trade pact goods, officials said.
- Late Thursday, the administration announced tariffs of 10% to 12.5% on 60 economies, citing inadequate enforcement of forced labor bans. The duties took effect at 12:01 a.m. Friday, replacing stopgap levies that expired following a Supreme Court defeat.
- The U.S. Trade Representative's office spent four months investigating to satisfy Section 301 legal requirements. Former senior U.S. trade official Cutler noted the latest round involves "few surprises," suggesting these duties may withstand court challenges better than earlier attempts.
- Australian Trade Minister Don Farrell called the 12.5% tariff "completely unjustified," while New Zealand Prime Minister Christopher Luxon labeled the move "extremely disappointing." Chief Cabinet Secretary Minoru Kihara of Japan protested it as "regrettable" despite Tokyo's compliance with labor standards.
- European Union foreign policy chief Kaja Kallas questioned the move, saying labor conditions are "not really grounded" in the U.S. stance. William Bratton of BNP Paribas noted these tariffs appear to exempt a substantial proportion of Asia's current trade flows.
- Cutler warned these duties will contribute to higher prices for end consumers and businesses importing inputs and machinery. South Korea stated it will maintain close communication with the United States to preserve a mutual "balance of benefits" amid ongoing trade tensions.
212 Articles
212 Articles
Six months after a Supreme Court ruling that most of the tariffs imposed by Donald Trump at the beginning of his term were illegal, the US president announced a new round of tariffs on goods imported from some sixty countries on Thursday evening, July 23. Here's a look at the winners and losers, with the European Union among the beneficiaries, though not entirely safe.
"The US imposed tariffs on 60 countries, including Chile, for alleged flaws in the prohibition of forced labour, although almost no one announced reprisals."
On Friday, China said that it "opposed" the new US customs duties that Donald Trump wanted as well as any trade war.
President Trump would slap higher tariffs on Norway than other European countries.
‘Completely unjustified’: How countries are reacting to Trump’s tariffs and forced labour complaints
U.S. President Donald Trump’s latest set of tariff hikes drew objections Friday from America’s trading partners including China and Japan, with Australia’s trade minister slamming them as “completely unjustified.”
These new customs duties, which came into effect on Friday, replace others, which were invalidated by the Supreme Court.
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