Tariffs/TradeIMPORTANT
US is to impose new tariffs on dozens of countries as Trump's 10% global levy is set to expire, according to AFP citing USTR Greer
StockNow breaking-news AI analysis
The U.S. is transitioning from an expiring 10% global levy to Section 301 tariffs targeting 60 nations over forced labor, impacting 99% of trade while seeking leverage in major trade negotiations.
News detail
Trump administration has prepared fresh tariffs targeting 60 trading partners over their alleged failures to act against forced labour. Greer responded "We expect to see some action soon", when asked if new duties were incoming, but did not specify a timeline.
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