USTR’s Report  covers 60 economies, together providing about 97% of U.S. goods imports. It recommends imposing tariffs of 12.5% on goods from 54 of these economies, and 10% on goods from the other six.1 Extrapolating from last year’s attempt to impose a 10% worldwide “International Emergency Economic Powers Act” tariff, this will likely cost American goodsbuyers about $100 billion annually — a very large figure, over 100 times the average value of imported goods CBP blocks each year on suspicion of forced labor content. Read More