US readies tariffs on imports from 60 economies as Friday deadline nears
What's next: The current 10% Section 122 tariffs expire Friday, and proposed Section 301 duties could reach 12.5% on goods tied to forced labor concerns.
Bloomberg, CNBC +1
Subject
#Office Of The United States Trade Representative
Trump threatens to let USMCA lapse as July 1 review nears
Why it matters: The pact underpins about $1.6 trillion in annual North American trade and any exit process would take 10 years.
The New York Times, The Straits Times +1
US proposed 12.5% tariff could hit one-third of Singapore exports
What's next: The plan faces public comments and USTR hearings in July before current US reciprocal tariffs expire on July 24.
US moves toward tariffs up to 12.5% on 60 economies over forced labor
What's next: Public comments run through July 6, with hearings on July 7 as China and the EU push back on the plan.
The New York Times, Bloomberg +3