Jun 03, 2026
WASHINGTON (AP) — President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago. The administration has proposed slapping double-digit tariffs on products from dozens of major U.S. trading partners after an investigation into imports of goods allegedly made with forced labor. And more tariffs are likely coming. Under the proposal released in Washington late Tuesday (June 2, 2026), 16 economies — including Canada, Mexico, the European Union, Taiwan and the United Kingdom — would face 10% levies for allegedly failing to enforce bans on forced labor. Another 44 trading partners — including China, Japan, India, South Korea and Switzerland — would be hit with 12.5% import taxes. ...read more read less
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