Trump’s New Tariffs Target Forced Labor | Business and Finance News

Trump slams global trade with new tariffs hitting 60 countries — from 10% to 12.5% — targeting nations that still allow forced labor in their supply chains. The move replaces a temporary tariff and covers nearly all imports, framed as a bold stand for human rights and fair trade. Canada, India, UK, EU, Japan, and South Korea face mid-tier duties, while China and 38 others take the steepest hit. Exemptions apply for critical raw materials and goods impossible to produce domestically — plus some countries get a pass to nudge them toward stronger labor policies. The administration touts this as a more legally solid, long-term solution, backed by over 100 witness testimonies and thousands of public comments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2a238c0d70120b49