Asian nations have described the administration of U.S. President Donald Trump¡¯s latest tariffs as baseless and unjustified, while stopping short of any retaliatory moves.
The U.S. said Thursday it will collect duties of between 10% and 12.5% on imports from most major trading partners, following an investigation into the alleged failure of around 60 economies to prevent forced labor in their supply chains.
The decision ¡°is very disappointing but not unexpected. President Trump campaigned on tariffs, and this is the consequence,¡± said New Zealand Trade and Investment Minister Todd McClay. Australia called the action ¡°unjustified¡± and inconsistent with its free trade agreement, according to a statement from Trade Minister Don Farrell, who said the U.S. should remove the new duty.
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