As expected, U.S. Trade Representative Jamieson Greer has completed the Section 301 review of “forced labor practices” in manufacturing and trade. [USTR Announcement Here]
As a result of the findings, a tariff rate of 10% to 12.5% is being added to the goods from a host of countries evaluated. These 301 duties are in addition to currently existing tariff rates. [FACT SHEET] Trading partners that have made commitments to adopt, and effectively enforce, forced labor import prohibitions will have a 10% tariff, and trading partners that have failed to adopt a forced labor import prohibition will have a 12.5% tariff rate.
• The following 54 economies have failed to impose and effectively enforce a prohibition on the importation of goods produced with forced labor:
Algeria; Angola; Argentina; Australia; the Bahamas; Bahrain; Bangladesh; Brazil; Cambodia; Chile; China, People’s Republic of; Colombia; Costa Rica; Dominican Republic; Egypt; El Salvador; Guatemala; Guyana; Honduras; Hong Kong, China; India; Iraq; Israel; Japan; Jordan; Kazakhstan; Kuwait; Libya; Malaysia; Morocco; New Zealand; Nicaragua; Nigeria; Norway; Oman; Peru; the Philippines; Qatar; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Sri Lanka; Switzerland; Taiwan; Thailand; Trinidad and Tobago; Türkiye; United Arab Emirates; United Kingdom; Uruguay; Venezuela; and Vietnam.
• The following six economies have failed to effectively enforce a prohibition on the importation of goods produced with forced labor:
Canada, Ecuador, the European Union, Indonesia, Mexico, and Pakistan.
After consideration for current Free Trade Agreement parameters and Most-Favored-Nation (MFN) reciprocity internals, the basic outcome is this:
- 10 percent is the appropriate rate of Section 301 duties for investigated economies that (i) impose a forced labor import prohibition; (ii) have committed to impose and enforce such a prohibition through an Agreement on Reciprocal Trade; or (iii) have imposed a partial regime with the effect of preventing the importation of certain forced labor goods. These economies are: Argentina, Bangladesh, Cambodia, Canada, Ecuador, El Salvador, Guatemala, Honduras, India, Indonesia, Jordan, Malaysia, Mexico, Pakistan, Sri Lanka, Trinidad and Tobago, and the United Kingdom;
- 10 percent or 12.5 percent, net of Most-Favored-Nation (MFN) rate is the appropriate rate of Section 301 duties for certain products of the European Union, Taiwan, Japan, Korea, and Switzerland that are not otherwise exempted, as explained in greater detail in the Federal Register Notice; and
- 12.5 percent is the appropriate rate of Section 301 duty for all other investigated economies.
- [SOURCE]
Row well and live #41.
I see that Canada does _not_ have the good sense to not strike back…
Lord, we are going to miss PDJT when he leaves office. I doubt there will ever be another like him.
I don’t even want to think about it!
They should put
another 50 percent on Canada,
can we apply a whiny bitch tax to Canada?
The Alignment of the NBA, Nike and China graphic in the article pretty much sums it all up.
Spot on cartoon at the beginning.
Good stuff! This will be difficult for the courts to override.
“Where there’s a will, there’s a way,” says the Commie American Judge.
Democrats will scream and moan about President Trump doing this trying to stop what is, in all seriousness, SLAVE LABOR.
“He’s raising the cost of living!”
NO, HE’S TRYING TO STOP SLAVE LABOR!!!
Democrats know it is going on. But if they are getting money out of other countries in any way, they are ok with these forced labor practices because they don’t do anything to stop it!
“Different cultural norms” is one way I can imagine them wording it. Biden used that phrase when questioned about something repulsive being done in another country.