Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Access Denied

    Tech Ops Simplified: Signal Monitoring With Minimal Code In C++

    Democrats to finalize their 2028 presidential nominating calendar, led by more diverse states

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest VKontakte
    Sg Latest NewsSg Latest News
    • Home
    • Politics
    • Business
    • Technology
    • Entertainment
    • Health
    • Sports
    Sg Latest NewsSg Latest News
    Home»Politics»Trump’s new global tariff draws rebukes from trade partners
    Politics

    Trump’s new global tariff draws rebukes from trade partners

    AdminBy AdminNo Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    US President Donald Trump speaks at Wheeler High School, in Marietta, Georgia, on July 22, 2026.

    Saul Loeb | AFP | Getty Images

    U.S. trading partners from Canberra to Brasília have rejected the forced-labor rationale behind President Donald Trump’s new global tariffs, while most signaled they would keep negotiating rather than retaliate.

    The Office of the U.S. Trade Representative on Thursday took action under Section 301 of the Trade Act of 1974, imposing tariffs on 60 economies for what Washington called their failure to impose and enforce bans on goods made with forced labor.

    The duties — 10% for partners that have adopted or committed to import prohibitions, 12.5% for those that haven’t — cover the top 60 US trade partners and 99.4% of American imports.

    The measure replaces a temporary 10% global tariff imposed under Section 122 of the trade act, which expires July 24, a stopgap put in place after the Supreme Court ruled Trump’s emergency-powers tariffs unlawful in February. The forced-labor probes give the administration a more durable legal foundation for a baseline tariff that the courts had challenged.

    “These tariffs are unjustified, inconsistent with our free trade agreement, and should be removed,” Australian Trade Minister Don Farrell said in a statement. “Australia’s measures to combat forced labor and modern slavery are among the strongest in the world, and we are recognized globally, including in the U.S., for our leadership.”

    Brazil’s government called the tariffs “arbitrary” and “unjustified.” President Luiz Inácio Lula da Silva said he remained open to negotiations but that Brazil would seek other markets if it couldn’t sell into the U.S. The new duty stacks on a separate 25% Section 301 tariff imposed on Brazilian goods this month, rebuilding a 37.5% barrier — close to the 50% rate struck down as unlawful last year.

    Chile’s government said the measure was inconsistent with the country’s labor standards and the technical, political and legal evidence it submitted throughout the investigation, according to a statement from the trade undersecretariat in Santiago. It noted the U.S. resolution doesn’t allege Chile exports goods made with forced labor, and said it would press for exclusions covering key export products.

    Canada, placed in the lower 10% tier with an exemption for USMCA-compliant goods, struck the mildest tone. The move “is not unexpected,” Minister for Canada-U.S. Trade Dominic LeBlanc said in a statement, adding that Ottawa shares Washington’s objective on forced labor and would “continue engaging constructively” in the coming weeks.

    New Zealand’s foreign ministry said in a market report that the trade minister made clear Wellington disagrees with the investigation’s findings and will continue to register that position with the U.S. government. Existing exemptions covering roughly 30% of New Zealand’s U.S.-bound exports, including beef and kiwifruit, remain unchanged.

    No major partner has announced countermeasures over the forced-labor tariffs.

    The investigation is “not a labor-standards exercise but a mechanism for exporting America’s import ban on Chinese goods, as well as an attempt to recreate the tariff regime struck down by the Supreme Court,” the Peterson Institute for International Economics wrote earlier this week.

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Access Denied

    Democrats to finalize their 2028 presidential nominating calendar, led by more diverse states

    Six IPOs this year, most trading below issue price: What this means for Singapore’s market reforms

    CXMT is sparking fears of a cash drain before blockbuster IPO

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Most Impressive Team Streaks Of The 21st Century: Where Does 2024-26 Spain Rank?

    NBC’s ‘Stumble’ is a mockumentary about a cheer team with plenty of tumbling runs and heart

    Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns

    Judge reverses Trump administration’s cuts of billions of dollars to Harvard University

    Top Reviews
    9.1

    Review: Mi 10 Mobile with Qualcomm Snapdragon 870 Mobile Platform

    By Admin
    8.9

    Comparison of Mobile Phone Providers: 4G Connectivity & Speed

    By Admin
    8.9

    Which LED Lights for Nail Salon Safe? Comparison of Major Brands

    By Admin
    Sg Latest News
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Get In Touch
    © 2026 SglatestNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.