AGP Executive Report
Last update: 2 hours agoForced-Labor Tariffs: The U.S. rolled out new Section 301 duties on 60 trading partners, replacing the expiring temporary 10% global tariff. Rates run 10% or 12.5% depending on whether countries are said to have banned and effectively enforced forced-labor import rules; the list includes Honduras in the 10% tier, alongside Guatemala, El Salvador and others, while China, EU and Colombia face 12.5%. Trade Shock for Industry: The U.S. says the measures cover 99.4% of imports (with exemptions like oil, gas, fertilizer and some food), raising near-term cost and sourcing questions for manufacturers and exporters across the region. Cross-Border Human Smuggling Case: In Texas, 11 people were indicted over a rail-container smuggling operation that killed seven migrants (including a 14-year-old), with victims reportedly from Honduras and Mexico; prosecutors say the container was sealed and unventilated, with outside temperatures around 88–92°F.
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