US introduces new tariffs following forced labour allegations
The United States is set to implement new tariffs on dozens of nations this Friday, replacing expiring global measures previously announced by the administration.
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According to Euronews, the newly-announced duties will range from 10% to 12.5%. These measures are set to come into effect on Friday and will replace existing global tariffs that were introduced by Donald Trump earlier this year.
The US government has cited concerns regarding forced labour as the primary motivation for the introduction of these new trade restrictions, which will impact dozens of countries worldwide.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.supports: Euronews