Trump sets tariffs on multiple nations

President Trump is implementing new tariffs of 10% to 12.5% on imports from 60 countries, covering 99% of U.S. imports, due to concerns over inadequate enforcement of bans on goods made with forced labor. These tariffs will coincide with the expiration of temporary worldwide tariffs and are imposed under Section 301 of the Trade Act of 1974 to address what the administration considers unfair trade practices.

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