Mexico, Peru and Korea push back at USTR forced-labor tariff hearing

Summary

At the 7 July USTR hearing, ministers and representatives from Mexico, Peru, Guatemala and Ecuador rejected claims that their exports involve forced labor, with Mexico's deputy economy minister calling the proposed tariff 'unreasonable'. South Korea said the measure was excessive and unjustified. The hearing covers proposed 10%-12.5% duties on 60 economies effective later in July.