U.S. imposes tariffs on 60 economies over forced labour concerns
The Trump administration is adding 10-12.5% duties on imports from countries it says failed to curb trade in goods made with forced labour.
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The Trump administration has proposed additional tariffs of 10 per cent or 12.5 per cent on imports from 60 economies, citing failure to adequately curb trade in goods made with forced labour.
The move is part of a broader trade enforcement push that has already created pressure on Canadian exporters and manufacturers. Calgary's energy and agricultural sectors, which depend heavily on export markets, could face downstream effects if trading partners face higher barriers or retaliatory measures.
The tariff announcement came as Canada's trade minister was meeting with U.S. officials in Washington to discuss renewal of the continental trade pact, signalling escalating trade tensions as negotiations continue.