US announces fresh raft of tariffs on overseas goods

US announces fresh raft of tariffs on overseas goodsImage source, Getty ImagesByMichael Race, Business reporter, Reporting fromNew York and Francisco Velasquez, Business reporter, Reporting fromNew YorkPublished3 minutes agoThe US has announced it is imposing a new raft of tariffs on goods being imported into the country from overseas.New duties, ranging from 10% to 12.5%, target around 60 trading partners, including the UK, EU, Canada, Japan, and India – over claims they failed to properly stop forced labour. The move is the latest escalation in the global trade war which was reignited by US President Donald Trump when he returned to office in January last year.It comes after the US Supreme Court ruled earlier this year that many of the tariffs imposed globally under emergency powers were illegally enacted. The president has since sought other legal avenues to push through his flagship trade policy.Related topicsUnited StatesGlobal tradeTrump tariffs