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Trump Issues New Double-Digit Tariffs on 60 Countries

News Snapshot:

President Donald Trump announced Thursday he is imposing new double-digit tariffs on dozens of U.S. trading partners , just as the clock runs out Friday on stopgap levies he imposed after a defeat at the Supreme Court. The United States will impose taxes of 10% to 12.5% on imports from 60 countries, charging that they have inadequately enforced bans on goods produced by forced labor. Trump said earlier Thursday that a new agreement reached with Saudi Arabia for a civilian nuclear program will require the kingdom to normalize relations with Israel through the Abraham Accords. Trump added that the new…

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