Business & Finance
Trump Unveils New Tariff Plan for Trade Partners
Key Points
The US is proposing new tariffs of at least 10% on imports from most major trading partners, citing forced-labor practices. The 10% rate would apply to partners who prohibit forced labor imports, such as Canada, Mexico, the EU, Taiwan, and the UK. Ryan Majerus, Partner: International Trade Team at King & Spalding, discusses the path ahead for tariffs, Section 301 investigations, and where refunds stand.
The US is proposing new tariffs of at least 10% on imports from most major trading partners, citing forced-labor practices.
The 10% rate would apply to partners who prohibit forced labor imports, such as Canada, Mexico, the EU, Taiwan, and the UK.
Ryan Majerus, Partner: International Trade Team at King & Spalding, discusses the path ahead for tariffs, Section 301 investigations, and where refunds stand. (Source: Bloomberg)