Trump’s Latest Tariff Move Could Hit Imports From 60 US Trading Partners Including China And India- Here’

The Trump administration has proposed additional tariffs on imports from 60 economies in response to these economies’ failure to address trade in goods produced with forced labor. On Tuesday, the U.S. Trade Representative’s office (USTR) suggested imposing extra duties of 10% or 12.5% on imports from these economies. This action is a result of a Section 301 unfair trade practices investigation. The USTR intends to levy 10% duties on imports from 15 trading partners, such as Argentina, Bangladesh, Cambodia, Canada, Ecuador, El Salvador, the European Union, Guatemala, Indonesia, Malaysia, Mexico, Pakistan, Taiwan, and the United Kingdom. The other 45 economies…