U.S. proposes extra tariffs of 12.5% for Japan, many other countries

The administration of U.S. President Donald Trump is planning to impose additional tariffs of 12.5 percent on goods from China, Japan, South Korea and over 40 other countries, accusing them of not doing enough to ban the import of goods allegedly made with forced labor. The proposal, released by the Office of the U.S. Trade Representative, came after the Supreme Court in February invalidated Trump’s far-reaching tariffs imposed under a 1970s-era emergency law, with his administration subsequently launching trade probes into what it viewed as unfair practices by U.S. trading partners. Under the proposal, imports from some of the country’s…