In lawsuit on Friday, two small businesses said latest round of tariffs on 60 countries needs to be legally justified.
Two US small businesses on Friday โ challenged President Donald โ Trumpโs latest round of tariffs on goods โ from 60 trading partners, saying that the new policy, like most of Trumpโs previous tariffs, went beyond the presidentโs authority to tax imports. The lawsuit, filed in the US trade court in New York, argues that the new tariffs require โmore detailed country-specific findings about โforced labourโ to be legally justified. The two small businesses, backed by a non-profit legal group that...
The United States imposed late on Thursday a fresh wave of tariffs against 60 countries, including China, Japan, South Korea, India and European Union member states, hours before a temporary 10 per cent blanket levy was due to expire. The tariffs, ranging from 10 to 12.5 per cent, are the outcome of a Section 301 investigation into forced labour, with Washington arguing that existing measures have failed to keep goods produced with forced labour out of supply chains. โTodayโs action will begin...
The USTR launched two separate Section 301 investigations, covering 60 economies over concerns related to forced labour and excess industrial capacity