https://www.taxtmi.com/news?id=46317 An executive trade policy announcement increases import duties on Chinese goods and reports procurement for magnets and rare earth minerals from China, signalling a substantial rise in trade tariffs affecting imports. The statement highlights that multiple global brands may be exposed to forced labour risks where critical minerals or mineral based products originate in Xinjiang, indicating the need for enhanced due diligence, supplier tracing, and customs compliance to address human rights and import risk implications. en-us Wed, 11 Jun 2025 18:16:03 +0530 Wed, 11 Jun 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46317 An executive trade policy announcement increases import duties on Chinese goods and reports procurement for magnets and rare earth minerals from China, signalling a substantial rise in trade tariffs affecting imports. The statement highlights that multiple global brands may be exposed to forced labour risks where critical minerals or mineral based products originate in Xinjiang, indicating the need for enhanced due diligence, supplier tracing, and customs compliance to address human rights and import risk implications. News - Wed, 11 Jun 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=46317