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Trump imposes double-digit tariffs on dozens of countries as his 10% levies are set to expire Friday
The plan would replace expiring temporary levies and could raise about $97 billion a year, according to the Committee for a Responsible Federal Budget.
- President Donald Trump is enacting new tariffs ranging from 10% to 12.5% on imports from 60 trading partners that account for roughly 99% of U.S. imports.
- The updated trade levies are scheduled to take effect as temporary 10% stopgap tariffs expire at 12:01 a.m. on Friday.
- The administration justified the double-digit duties by claiming the targeted nations have inadequately enforced bans on goods produced with forced labor.
- To implement these new measures, Trump is relying on Section 301 of the Trade Act of 1974 after the Supreme Court previously overturned his emergency-powers tariffs.
- Further import duties may be coming as the U.S. Trade Representative completes a separate probe into 16 countries over industrial overproduction.
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380 Articles
US Slaps 10 Per Cent Tariffs on Goods Imported from India on Issue Forced Labour
The United States has imposed a 10 per cent tariff on goods imported from India and 16 other countries as part of its efforts to combat the use of forced labour in the production of such items. Last month, when the
·India
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The United States has announced a 10% additional tariff on goods imported from 17 countries, including India, to tighten its grip on products made with forced labor. This decision was taken under Section 301.
Here's the Full List of Trump's New Tariffs on 60 Economies
·New York, United States
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On Thursday, the United States announced the introduction of new import taxes ranging from 10 to 12.5 per cent for 60 countries, while the previous ones were coming to an end, which is expected to remain in place for some time, pending possible legal challenges.
·Paris, France
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Total News Sources380
Leaning Left92Leaning Right61Center129Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 32%
C 46%
R 22%
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