Trump to impose double-digit tariffs on dozens of countries

The U.S. has announced plans to impose hefty tariffs ranging from 10% to 12.5% on imports from 60 countries, representing nearly all foreign goods entering the U.S. This move is framed as a response to what the U.S. deems inadequate enforcement of bans on products made by forced labor. This decision could significantly reshape global trade dynamics, raising costs for businesses and consumers alike and potentially sparking retaliatory measures from affected nations. The implications extend beyond trade, potentially impacting diplomatic relations and human rights enforcement globally.