🚨 US Slaps 10-12.5% Tariffs on 60 Trading Partners Over Forced Labour Concerns

• Overall Impact: The US Trade Department has announced new import tariffs of 10% to 12.5% targeting 60 trading partners. These nations collectively account for 99.4% of all US imports, virtually encompassing almost all goods sold to the US. • The Cause: The penalties follow a March investigation concluding that all 60 partners failed to legally prohibit or effectively block the import of goods produced via forced labour, which US officials state creates an unlevel playing field for American workers. • Affected Regions: The extensive list of 60 trading partners includes major global economies and key regional markets such as India, the UK, the EU, Canada, and Japan. • Context & Precedent: This marks the Trump administration's second major tariff rollout since the US Supreme Court struck down its previous April 2025 'Liberation Day' duties in February. A separate 10% temporary global tariff enacted after that ruling is currently set to expire in July, unless Congress extends it.