US imposes new tariffs on 60 economies over forced labour concerns

Madrid – US president, Donald J. Trump, has once again disrupted trade relations with key partners and major global economies by announcing new additional tariffs for 60 economies. These new tariffs range from 10 to 12.5 percent. Special tariff quotas have also been added for textiles from Bangladesh, Cambodia, Indonesia and Malaysia, which are conditional on the import of US textiles and cotton.