US Proposes 10% Tariff on Taiwan; Labor Ministry to Establish Forced Labor Review Mechanism
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The U.S. Trade Representative (USTR) on June 2 cited Section 301 of the Trade Act to recommend a 10% additional tariff on Taiwan and 59 other economies over forced labor concerns. Taiwan's Ministry of Labor responded by stating it will work with the Ministry of Economic Affairs to establish a cross-ministerial review mechanism to restrict imports of forced labor goods and improve labor rights in supply chains.