US to impose new tariffs on 60 trading partners as forced-labour claims drive policy shift
Australia will face a 12.5% tariff on exports to the United States from later today, under a wider package of new import duties affecting around 60 trading partners. The measures are due to take effect at 12:01am Friday local time in Washington, as a temporary 10% tariff expires. Some countries, including the United Kingdom, will be subject to a lower 10% rate.The Trump administration says the tariffs are linked to a trade investigation into forced labour and slavery, and that the United States is acting to protect American companies from unfair competition. The new duties follow earlier tariff measures that... [Continue Reading]
360LiveNews | 23 Jul 2026 23:59 LONDON
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