The U.S. is considering imposing 100% tariffs on Nicaraguan imports following a Section 301 investigation initiated in December, which assessed Nicaragua’s labor rights and human rights practices affecting U.S. commerce. The U.S. Trade Representative’s report suggests suspending CAFTA-DR benefits and implementing tariffs either immediately or over 12 months. The USTR is seeking public comments on these proposals until November 19. This investigation mirrors past tariffs enacted against China and Brazil during Trump’s administration, highlighting ongoing trade tensions.
Source: https://www.supplychaindive.com/news/us-tariffs-nicaragua-section-301/803391/