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Trump imposes forced labor duties on 60 trading partners as  10% US tariffs expire

Trump imposes forced labor duties on 60 trading partners as  10% US tariffs expire

By David Lawder WASHINGTON, July 24 (Reuters) - The Trump administration on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union and China, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expired.
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What to know about Trump's latest tariffs

What to know about Trump's latest tariffs

President Donald Trump keeps finding ways to maintain a wall of tariffs around the American economy
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President Trump's Tariff Moves Keep U.S. Rates Below Historical Peaks

President Trump's Tariff Moves Keep U.S. Rates Below Historical Peaks

President Trump has announced a series of new tariffs, including 10% to 12.5% on global goods and 25% on Brazilian imports. Despite these moves, the overall U.S. tariff rate remains below pre-Supreme Court levels, currently at 11.1% and expected to rise to 11.8% by year-end. The Supreme Court had previously struck down Trump's blanket tariffs, which had rates above 15% in 2025. The new tariffs include plans for a 50% tariff on Canadian goods and 100% on generic drugs by 2028, with further threats of tariffs on Europe.
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US tariff hikes linked to claims of foreign forced labor dismay and anger trading partners

US tariff hikes linked to claims of foreign forced labor dismay and anger trading partners

U.S. President Donald Trump’s latest set of tariff hikes has provoked heated objections from America’s trading partners
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Trump to impose 'forced labor' duties on Friday as temporary 10% US tariffs expire

Trump to impose 'forced labor' duties on Friday as temporary 10% US tariffs expire

By David Lawder July 23 (Reuters) - The Trump administration on Friday will impose new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expires.
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US Senator Warren accuses AI firms of trying to curb oversight in trade accord

US Senator Warren accuses AI firms of trying to curb oversight in trade accord

By Alexandra Alper WASHINGTON, July 23 (Reuters) - Democratic Senator Elizabeth Warren accused major AI companies of pushing the Trump administration to limit AI transparency rules in North America's trade pact, arguing that regulators should have broader access to information about the companies'
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U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns

U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns

U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns
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European Commission gives guarded welcome to new Trump tariffs

European Commission gives guarded welcome to new Trump tariffs

BRUSSELS, July 24 (Reuters) - The European Commission gave a guarded welcome to new tariffs imposed by the United States on Friday, saying that the outcome was in line with a trade deal the two sides struck a year ago.
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Beijing seeks opinions on planned China-US tariff cuts on $30 billion in trade

Beijing seeks opinions on planned China-US tariff cuts on $30 billion in trade

BEIJING, July 23 (Reuters) - China is seeking opinions from companies, business associations and local governments on proposed reciprocal tariff cut arrangements with the United States on about $30 billion in trade, the Chinese commerce ministry said on Thursday. 
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Warren accuses AI firms of trying to curb oversight in trade accord

Warren accuses AI firms of trying to curb oversight in trade accord

WASHINGTON, July 23 (Reuters) - Democratic Senator Elizabeth Warren accused major AI companies of pushing the Trump administration to limit AI transparency rules in North America's trade pact, arguing instead that regulators should have broader access to information about the companies' models.
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Analysis-As AI grows more powerful, a US-China feud threatens safety efforts

Analysis-As AI grows more powerful, a US-China feud threatens safety efforts

By Laurie Chen BEIJING, July 24 (Reuters) - U.S. threats to sanction Chinese AI developers over alleged intellectual property theft and export-control violations risk unravelling efforts to establish a bilateral dialogue on AI safety, analysts say, just as increasingly powerful models raise concerns
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Top apparel exporter Vietnam faces higher US tariffs than peers

Top apparel exporter Vietnam faces higher US tariffs than peers

HANOI, July 24 (Reuters) - Vietnam faces higher U.S. tariffs than peers and risks a further erosion of competitiveness in the clothing sector, as the largest exporter of apparel to the U.S. is excluded from a mechanism that could cut U.S. duties on some textile imports.