US opens unfair trade practices probe of 60 countries over forced labor - Reuters
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US launches trade probe targeting 60 countries over alleged forced labor practices
How This Affects You
Potential import restrictions could affect product availability and prices for consumers
AI Summary
The US has launched an unfair trade practices investigation targeting 60 countries over forced labor concerns. The probe will examine trade practices across these nations to determine potential violations related to forced labor in their supply chains.
What's Being Done
US conducting unfair trade practices investigation across 60 countries
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Seven in 10 Americans say Trump’s tariffs caused higher prices - poll
Congressional Democrats say Trump tariffs will cost US households more than $2,500 this year - AP News
U.S. launches new investigations into 60 countries as it fights to restore tariffs
Trump to Target Forced Labor in Global Tariff Scheme - The New York Times
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The investigations into unfair trade practices will likely lead to tariffs on foreign countries, as the administration works to replace the import taxes struck down by the Supreme Court.
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Judge blocks Trump administration's subpoenas against Fed Chair Powell
A federal judge blocked two grand jury subpoenas against Federal Reserve Chair Jerome Powell on Friday. Chief Judge James Boasberg wrote that "the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President."
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