First Thing: Trump imposes fresh tariffs on UK, EU and dozens of other trading partners
AI Summary
Donald Trump has imposed new tariffs on the UK, EU, and over 80 other countries, replacing a prior 10% global tariff that the Supreme Court ruled illegal. The tariffs target countries accused of forced labor, but many affected nations question the rationale and have protested.
Measures replace 10% global duty and come after supreme court declared many of the earlier tariffs illegal. Plus, how secondhand fashion got so expensive Good morning. Donald Trump has imposed a fresh round of tariffs on more than 80 countries to replace a 10% global duty that was due to expire, provoking a wave of criticism and protests from US allies and trading partners. What is Trump’s justification for the tariffs? The newest tariffs, announced late last night by the US trade representative, Jamieson Greer, would fall under section 301 of the Trade Act of 1974, aimed against countries that engage in forced labor. Trump had said his administration would investigate unfair trading practices to impose permanent tariffs as soon as the February supreme court decision was announced. How have the affected countries reacted to the news? The ‘forced labour’ rationale for Trump tariffs has been met with bewilderment, with some saying their labor laws are stronger than those in the US. How are the authorities responding? Last week, Bill Essayli, an assistant US attorney, asked the Environmental Protection Agency to investigate the cluster to determine if there is an environmental cause. Continue reading...