U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

U.S. proposes 12.5% tariffs on 60 economies over forced-labor enforcement gaps, hitting China, EU, Japan—major IT hardware and chip suppliers. IT procurement faces higher hardware costs; organizations must verify supply chain compliance to manage tariff exposure and budget impact.