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USTR Greer Dismisses Economic Risk from New Forced Labor Tariffs

President Donald Trump’s latest trade strategy—imposing 10% to 12.5% tariffs on 60 nations over forced labor concerns—will cause minimal economic disruption, according to U.S. Trade Representative Jamieson Greer. Despite the broad scope of these measures, officials maintain the impact remains comparable to existing international trade actions.

USTR Greer Dismisses Economic Risk from New Forced Labor Tariffs

These duties, authorized under Section 301, apply to a select group of countries but effectively touch 99.4% of U.S. imports. By targeting specific enforcement failures rather than broad market sectors, the administration aims to pressure foreign governments without triggering domestic price shocks. Greer emphasized that these rates align with recent global trade maneuvers, suggesting a calibrated approach to supply chain oversight.

Beyond current labor enforcement, the Office of the USTR continues to evaluate excess industrial capacity among 16 major trading partners. This ongoing investigation, which encompasses the European Union and China, could signal a second wave of restrictive measures if negotiations fail to address current manufacturing imbalances.

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