U.S. Proposes Tariffs on 60 Economies Over Forced Labor Trade Practices
The U.S. Trade Representative has proposed new tariffs on imports from 60 economies, citing their failure to ban goods made with forced labor. The proposed tariffs, under Section 301 of the Trade Act of 1974, include a 10% duty for economies with partial prohibitions and 12.5% for others. The action targets major trading partners, including China, the EU, and Japan, and aims to address the competitive disadvantage faced by American workers. Public comments are due by July 6, with hearings scheduled for July 7. 
