US Imposes New Tariffs Addressing Forced Labor as Existing Levies Expire
Key Regulatory Content
The US government has announced new tariffs of 10% or 12.5% on imports from 60 trading partners to address concerns regarding forced labor. This policy takes effect immediately as the existing Section 122 levies reach their expiration date.
Compliance Checklist
Importers must ensure robust supply chain traceability to prove the absence of forced labor. It is critical to prepare comprehensive documentation regarding origin and labor practices, especially for goods sourced from the newly affected trading partners.
Risk Mitigation Measures
Logistics providers and shippers should prioritize supply chain diversification to reduce dependency on high-risk regions and strengthen ESG due diligence for all suppliers. Additionally, financial models should be updated to account for the shifting tariff landscape and its impact on total landed costs.
Original source: Supply Chain Dive
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