US Opens New Trade Probes Targeting 60 Countries Over Alleged Forced Labor Practices

5Mind. The Meme Platform

China, Canada, Mexico, Japan, and the European Union are amongst the 60 countries subject to the latest probes.

The United States has initiated new trade probes into 60 economies to determine whether their trade practices have enabled imports made with forced labor, the U.S. Trade Representative (USTR) said on March 12.

The probes are being conducted under Section 301 of the Trade Act of 1974, which looks into potential unfair trade practices by trading partners. Those found to be in violation could face tariffs.

Among the 60 economies subject to the latest probes are Australia, China, Canada, India, Israel, Mexico, Japan, the European Union, Russia, South Korea, and Vietnam, according to the USTR.

“Despite the international consensus against forced labor, governments have failed to impose and effectively enforce measures banning goods produced with forced labor from entering their markets,” U.S. Trade Representative Jamieson Greer said in the statement.

“These investigations will determine whether foreign governments have taken sufficient steps to prohibit the importation of goods produced with forced labor and how the failure to eradicate these abhorrent practices impacts U.S. workers and businesses.”

On March 11, USTR launched Section 301 investigations into structural excess capacity and production across 16 economies. Greer said the probes will examine whether their practices discriminate against or burden U.S. commerce.

The economies targeted in those probes include China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.

These investigations follow last month’s Supreme Court ruling that invalidated tariffs imposed by U.S. President Donald Trump on trading partners under the International Emergency Economic Powers Act (IEEPA).

Trump invoked the IEEPA to impose tariffs on countries last year, citing the need to regulate international transactions to respond to “an unusual and extraordinary threat” to national security. The Supreme Court ruled on Feb. 20 that the law does not clearly authorize tariffs.

After the high court’s decision, Trump unveiled a 10 percent global tariff through a Feb. 20 presidential proclamation invoking Section 122 of the Trade Act of 1974, which took effect on Feb. 24.

Section 122 allows the president to implement a tariff rate of up to 15 percent on countries that maintain “large and serious” trade surpluses with the United States.

Trump wrote in a Feb. 21 post on Truth Social that his administration would introduce “new and legally permissible tariffs” in the coming months and planned to increase the global tariff to 15 percent.

There are key exemptions to the global tariff, including USMCA-compliant goods, pharmaceuticals, critical minerals, and food imports. USMCA stands for United States–Mexico–Canada Agreement.

Other elements of the tariff regime remain in place. These include 50 percent on aluminum, copper products, and steel; 25 percent on automobiles and furniture; and 10 percent on lumber.

Andrew Moran contributed to this report.

By Aldgra Fredly

Read Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

How Does MAGA View Operations in Iran?

Can you really call what President Trump is doing as Commander-in-Chief in Iran as a “war” or is it a military operation?

Study: Rate of Sexual Deviancy Directly Proportionate to Pornography Usage

As it happens, it’s not just the frogs that are turning gay. It’s also, according to a new study, porn addicts.

The DROP Act Is An Unprecedented Weapon Of Financial Warfare Against Russia

If the DROP Act passes, Trump could impose sanctions on anyone buying or helping export Russian oil, with limited exceptions under 3 specific conditions.

Stop The Harmful Time Changing Ritual

Except for Arizona and Hawaii, who have year-round standard time, Americans were forced to “spring forward” and lose an hour of sleep on Sunday morning.

The calculus of impunity

Since when does New York City Mayor Zohran Mamdani get to decide what isn’t a crime? Attempting to downplay crime is not part of his job.

Lawsuit Demands Costco Pass Tariff Refund to Customers Who Paid Higher Prices

A Costco shopper filed a proposed class-action lawsuit against Costco Wholesale Corp. alleging retailer is illegally holding potential refunds for tariffs.

Shooting at Old Dominion University Being Investigated as Act of Terrorism

A shooting at Old Dominion University in Virginia is being investigated as a potential act of terrorism, according to FBI Dir. Kash Patel.

White House Disputes ABC Report Claiming Iran Wants to Launch Drones at West Coast

The White House and FBI disputed claims of an internal government alert saying Iran wants to launch drones to attack the West Coast of the US.

US Knows Location of Most Iranian Sleeper Cells Inside America, Trump Says

President Donald Trump said on March 11 that his administration knows the location of most Iranian sleeper cells in the United States.

US, Russian Delegates Meet in Florida on March 11

President Trump’s representatives held talks with a Russian delegation in Florida on March 11, U.S. special envoy to the Middle East Steve Witkoff said.

US Knows Location of Most Iranian Sleeper Cells Inside America, Trump Says

President Donald Trump said on March 11 that his administration knows the location of most Iranian sleeper cells in the United States.

Trump Appoints Erika Kirk to Air Force Academy Board

President Trump has appointed Erika Kirk, widow of the late Charlie Kirk, to serve on the Air Force Academy’s Board of Visitors, according to the White House.

Trump Says War in Iran Is ‘Very Complete,’ Far Ahead of Schedule

President Trump said that the U.S. operation against Iran is “very complete,” giving an indication that the one-week-long war is coming to an end soon.
spot_img

Related Articles

Popular Categories

MAGA Business Central