Trump imposes sweeping tariffs on 60 partners tied to forced-labor crackdown

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Source: CNBC
Trump imposes sweeping tariffs on 60 partners tied to forced-labor crackdown
Photo: CNBC
TL;DR Summary

The Trump administration will begin 10% to 12.5% tariffs on about 60 trading partners, effective 12:01 a.m. ET Friday, replacing the expiring 10% global tariffs and covering roughly 99.4% of U.S. trade; the measures are tied to forced-labor concerns and imposed under Section 301 of the Trade Act, and officials say they will not stack with existing Section 232 duties.

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