Trump Hits 60 Countries With New Forced-Labour Tariffs

Trump has imposed fresh double-digit tariffs on roughly 60 trading partners, using a forced-labour provision after the Supreme Court struck down his earlier blanket levies. The move replaces the baseline 10% tariffs that were set to expire and has drawn immediate protests from allies — Australia's trade minister Don Farrell called the measures unjustified and inconsistent with the existing US-Australia free trade agreement. UK mortgage rates have already ticked up to their highest level in a month as Middle East tensions and the new trade friction feed through to borrowing costs.