Trump locks in 10%-12.5% tariffs on 60 trading partners
What's next: More trade cases targeting subsidies, semiconductors, robotics and Vietnam could expand the tariff wall by late summer.
Subject
#Forced Labor
US tariffs of up to 12.5% on 60 partners draw global pushback
What's new: The duties replaced a temporary tariff the Supreme Court had undercut, giving Trump a more durable legal basis.
2 US firms sue over Trump’s new 10% to 12.5% trade tariffs
What's new: The suit argues Trump misused Section 301 by applying countrywide tariffs tied to forced-labor claims.
The New York Times, The Straits Times +1
US imposes 12.5% tariff on select Singapore goods from Friday
What's next: Singapore says about one-third of its domestic exports to the US could be affected by the new duties.
Bloomberg, Channel News Asia +3
US proposed 12.5% tariff could hit one-third of Singapore exports
What's next: The plan faces public comments and USTR hearings in July before current US reciprocal tariffs expire on July 24.
US moves toward tariffs up to 12.5% on 60 economies over forced labor
What's next: Public comments run through July 6, with hearings on July 7 as China and the EU push back on the plan.
The New York Times, Bloomberg +3