US Imposes New Tariffs on 60 Countries Amid Labour Probe

The U.S. administration has imposed new tariffs affecting 60 countries, citing a probe into forced labor practices. This follows the Supreme Court's decision to strike down blanket tariff levies, prompting a more targeted approach. The new duties are part of efforts to rebuild trade barriers that were relaxed in previous years. For markets, these tariffs could lead to increased costs for imported goods and potential retaliatory measures from affected countries, impacting various sectors.