finance.yahoo.com
US tariff hikes linked to claims of foreign labor dismay and anger trading partners
U.S. President Donald Trump's latest set of tariff hikes drew heated objections Friday from America's trading partners, with Australia's trade minister slamming them as “completely unjustified.” The administration announced extra tariffs of 10% to 12.5% on 60 economies late Thursday, saying the countries had failed to adequately enforce a ban on goods made with forced labor. The new tariffs took effect just as stopgap levies Trump imposed after a stinging defeat at the Supreme Court expired at 12:01 a.m. Friday.