Categories: Business

US proposes new tariffs on Pakistan, 59 economies

The United States Trade Representative (USTR) has proposed new tariffs on imports from 60 economies, including Pakistan and India. US officials say the move targets countries that have failed to effectively prevent the import of goods made with forced labour.

The proposed duties range from 10% to 12.5%. The USTR will review public feedback before making a final decision.

Investigation targets major trading partners

The proposal follows investigations into several key US trading partners. These include China, the European Union, Japan, India, Vietnam, Taiwan and the United Kingdom.

US authorities examined whether these economies had taken meaningful steps to stop imports linked to forced labour. Officials also assessed the impact of such imports on American businesses and workers.

According to the USTR, 54 economies failed to establish and enforce adequate bans on goods produced with forced labour.

Pakistan among countries facing 10% duties

The USTR said Pakistan, Canada, Ecuador, the European Union, Indonesia, Mexico, Argentina, Bangladesh, Cambodia, El Salvador, Guatemala, Malaysia, Taiwan and the United Kingdom could face tariffs of 10%.

The agency plans to impose higher duties of 12.5% on the remaining 45 economies covered by the investigation.

US Trade Representative Jamieson Greer said trading partners must take stronger action against forced labour practices.

“The failure of our most important trading partners to address the importation of goods made with forced labour is unacceptable,” Greer said.

He added that the US wants to create fairer competition for American workers and businesses.

Several products will remain exempt

The proposal includes exemptions for selected products. Beef, coffee and certain fruits and nuts will not face the new duties.

The US will also exempt goods from Canada and Mexico that comply with North American trade rules. Some textile and apparel products will remain duty-free as well.

Public consultation opens before final decision

The USTR has invited businesses, industry groups and members of the public to submit comments by July 6. The agency will also hold public hearings before issuing a final ruling.

The announcement comes ahead of the July 24 expiry of a temporary 10% tariff introduced by President Donald Trump’s administration. The measure followed a Supreme Court ruling that struck down tariffs imposed under the International Emergency Economic Powers Act.

Irfan

Recent Posts

Eight Decades of the Tricolore: How Italy and Pakistan Built a Billion-Dollar Partnership on Trust, Trade, and Shared Heritage

Italy-Pakistan Relations: 80 Years of the Italian Republic & Trade Inside the $1.6B Pak-Italy trade…

1 minute ago

Rotary Clubs Celebrate Service Achievements During Governor’s Official Visit

District Governor Shakeel Kaimkhani commends joint community initiatives and strengthens Rotary collaboration in Karachi. KARACHI:…

5 hours ago

China Pakistan friendship remains stronger than ever, says consul

Seminar in Karachi marks 75 years of diplomatic relations and highlights growing cooperation in trade,…

5 hours ago

Pakistan Army Somalia mission book launched on US Rangers rescue

ISLAMABAD: The Army Institute of Military History launched a book titled Rescuing the US Rangers,…

13 hours ago

US Iran tensions escalate with strikes and Gulf military clashes

WASHINGTON / TEHRAN: The United States military said it carried out self-defence strikes against Iran…

13 hours ago

Pakistan revises business closing times amid summer heat measures

ISLAMABAD: Prime Minister Shehbaz Sharif has approved revised business closing timings across Pakistan with immediate…

13 hours ago

This website uses cookies.