The US announced new tariffs of 10-12.5% on dozens of countries, accounting for almost all its imports, over concerns they are not doing enough to tackle forced labour. The 60 trading partners listed—including the UK, the EU, Canada, India and Japan—face the duties because of their failure to address the importation of goods made with forced labour.
3 June 2026 · Joy Online →
The US has announced new tariffs of 10–12.5% on 60 trading partners, including the UK, EU, China, Canada, India, and Japan, over concerns they are not doing enough to tackle forced labour. The targeted countries account for almost all US imports, and the tariffs have not yet been enforced.
3 June 2026 · Joy Online →
U.S. crude futures jumped around 2% to $95.40 a barrel as fresh hostilities flared in the Gulf after U.S.-Iran peace talks stalled, with Iran firing missiles at Kuwait and Bahrain that were thwarted or failed, while AI-driven stock rallies in Asia pushed Taiwan and Japan indexes to record highs.
3 June 2026 · Joy Online →