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  • 11 hours ago
The U.S. Trade Representative has proposed additional tariffs of up to 12.5 percent on imports from 60 economies.
Transcript
00:00The U.S. trade representative has proposed additional tariffs of up to 12.5 percent on
00:05imports from 60 economies following investigations into forced labor trade practices.
00:11Officials argue that countries failing to prevent the movement of goods produced with
00:15forced labor create unfair competition for American workers and businesses.
00:20The proposal affects major trading partners including China, India, Japan, Canada, the
00:26European Union and the United Kingdom.
00:27Business groups warn the move could increase costs, complicate supply chains and trigger
00:33trade disputes with key allies.
00:35Public hearings are scheduled for next month as policy makers evaluate the proposal's
00:40economic impact.
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