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New US tariff plan targets EU and dozens of economies over forced labour imports
The EU and UK are among the economies targeted by a new US tariff proposal linked to forced labour imports, potentially reopening trade tensions just weeks after Brussels reached a deal with Washington. The Trump administration on Tuesday proposed imposing additional tariffs of 10% or 12.5% on imports from 60 economies, including the European Union and the United Kingdom, arguing that their failure to adequately prevent trade in goods made with forced labour unfairly burdens US commerce. The...
CEO of tech company arrested for supplying US-origin computer parts to Iran: How California resident negotiated, purchased and arranged shipment of large quantities of 'banned' US technology for over 10 years
Jamshid Ghomi, a dual US-Iranian national and CEO of an Iran-based technology company has been arrested today on a federal criminal complaint. As per a press release filed by U.S. Attorney's Office, Central District of California, Ghomi is accused of violating US sanctions against Iran by shipping sophisticated US-origin networking, security, and encryption equipment for Iranian customers — including the Iranian regime’s nuclear and military establishment. Ghomi, 33, is a resident of Newport...
Australia faces proposed 12.5pc US tariff over forced labour crackdown
Australia faces proposed 12.5pc US tariff over forced labour crackdown Wed 3 Jun 2026 at 8:36pm In short: Australia could face a new 12.5 per cent US tariff under a Trump administration proposal targeting countries accused of failing to stop imports linked to forced labour. The Australian government says any tariffs on its exports are "unjustified" and inconsistent with the free trade agreement, adding it has world-leading laws to combat forced labour.
US tariff threats over forced labour “unjustified”, Commission says
The EU hit back at US threats of fresh tariffs over forced labour, saying its rules are among the most stringent in the world for banning imports and exports of goods linked to forced labour. The European Commission said on Wednesday that new US tariff threats linked to forced labour were “unjustified”, arguing that EU legislation is already robust enough to ban such products. The move comes as the EU prepares to implement a contentious trade deal struck last summer between US President...
Lula says Brazil cannot ‘accept treatment’ after new US tariffs proposed
Lula says Brazil cannot ‘accept treatment’ after new US tariffs proposed Brazil’s president says he was surprised by the proposed 25 percent tariffs, which came amid signs of improving relations. Brazilian President Luiz Inacio Lula da Silva has decried newly proposed United States tariffs, saying he could “not accept the treatment” his country had received. The rebuke on Wednesday came a day after the administration of US President Donald Trump announced the 25 percent tariff on certain...
US targets Brazil with new tariffs over trade practices
US targets Brazil with new tariffs over trade practices The US plans new 25 percent tariffs on brazilian imports, citing issues like deforestation and digital trade practices. The administration of United States President Donald Trump has proposed a new 25 percent tariff on imports from Brazil amid allegations of unfair trading practices. US Trade Representative Jamieson Greer announced the new punitive tariffs late on Monday, stemming from issues including digital trade and illegal...
Trump's trade war has a new target: forced labor. The case behind it is far from simple
Since the Supreme Court struck down President Donald Trump's sweeping global tariff plan, the White House has had its eyes set on alternative pathways for carrying out the centerpiece of Trump's trade war agenda. Last week, one of these new pathways was unveiled, with the Office of the U.S. Trade Representative (USTR) proposing new tariffs of up to 12.5% on 59 countries and the European Union based around Section 301 of the Trade Act of 1974. The justification: Widespread failure, the USTR...
US charges tech CEO over alleged exports of restricted equipment to Iran
A dual US-Iranian citizen and chief executive of a Tehran-based technology company was arrested in the United States on federal charges relating to an alleged ten-year scheme to unlawfully export American-origin networking and encryption hardware to Iran's nuclear and military sectors, in violation of sanctions regulations. According to ANI, the defendant, Jamshid Ghomi, 63, a resident of Newport Coast, California, was taken into custody following a federal criminal complaint accusing him of...
India-US trade talks to resume on June 1 as both sides push to finalise interim pact
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement. The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by Darpan Jain, additional secretary in the department of commerce and the country's chief negotiator for the talks. According to the commerce ministry, the...
Americans face new price hikes as Trump targets imports from dozens of countries over ‘forced labor’
Americans face new price hikes as Trump targets imports from dozens of countries over ‘forced labor’ The U.S. Trade Representative has announced the Trump administration is proposing tariffs of 10% or more for dozens of major trading partners following a probe into alleged forced labor - Bookmark The Trump administration is proposing tariffs of 10 percent or more on products from dozens of major trading partners, following a probe into imports allegedly made with forced labor. A report...