US Trade Secretary to Unleash Tariffs on Rogue Nations: A List of Suspects
Trump to Target "Dirty 15" Countries with Tariffs: Which Countries Could be Included?
In a move that could have far-reaching implications for global trade, the Trump administration is reportedly planning to impose tariffs on imports from 15 countries deemed to be "cheating" on trade agreements. The move is seen as a major escalation in the ongoing trade wars between the US and its major trading partners.
According to sources familiar with the plan, the "Dirty 15" countries are those that have been identified as failing to meet their commitments under various trade agreements, including the World Trade Organization (WTO) and the North American Free Trade Agreement (NAFTA).
The countries that could be included on the list are:
- China: The world's second-largest economy has been a major target of Trump's trade ire, with tariffs already imposed on over $250 billion worth of Chinese goods.
- India: The Indian government has been accused of imposing unfair trade barriers and providing subsidies to its domestic industries.
- Vietnam: The country has been accused of manipulating its currency to gain an unfair trade advantage.
- South Korea: The US has accused South Korea of using unfair trade practices to gain an advantage in the global market.
- Japan: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Germany: The European Union's largest economy has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Italy: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Spain: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- United Kingdom: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Mexico: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Taiwan: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Malaysia: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Thailand: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
- Indonesia: The country has been accused of imposing trade barriers and providing subsidies to its domestic industries.
The tariffs could have significant implications for global trade, with the potential to disrupt supply chains and drive up prices for consumers. The move is also seen as a major escalation in the ongoing trade wars between the US and its major trading partners.
The Trump administration has not yet officially announced the plan, but sources suggest that it could be implemented as early as next week. The move is likely to be met with resistance from other countries, which could lead to further escalation and retaliation.