Explained: Trump slaps 12.5% tariffs on China, Israel, but India got off lighter at 10% - Why?
The announcement landed just as Trump's stopgap tariffs, brought in after the Supreme Court struck down his earlier levies, were due to lapse on Friday. Under the new order, countries with no domestic ban on forced-labour imports, among them China, the UK and Japan, will face the steeper 12.5 per cent charge.
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The announcement landed just as Trump's stopgap tariffs, brought in after the Supreme Court struck down his earlier levies, were due to lapse on Friday. Under the new order, countries with no domestic ban on forced-labour imports, among them China, the UK and Japan, will face the steeper 12.5 per cent charge.
