Jul 24, 2026 · 44 min · 12 segments
n this week's episode, our trade insiders dissect the administration's newly imposed Section 301 tariffs on forced labor, hitting 60 trading partners. Our former negotiators debate the legal standing…
Chris PadillaPanelist
Daniel MullaneyPanelist
Wendy CutlerPanelist
Kenneth LevinsonHostThank you, Ken.
And hello, everybody.
So much to cover this week.
And why don't we, as Ken said, and this does seem like it has been a long week.
It started off with tariffs on Canada, which seems like a long time ago, I guess now.
But let's start with the most recent one, which, by the way, I'd say that we should at least thank the administration for doing us a favor by announcing it yesterday.
as opposed to at 8 o'clock this morning or 8.30 this morning, to give us a little time to digest it.
No. Oh, yes.
No, that was coincidental, Wendy.
It has nothing to do with one of the things we should talk about.
So for those of you who are watching probably are aware that the administration announced yesterday that it was implementing tariffs that it had under Section 301. that had previewed a few weeks ago when it had completed its investigation, either 10% or 12.5%, depending on the country, to go into effect with exemptions, which we should also talk about a little bit, on 60 countries around the world for ostensibly not enforcing or having sufficient laws to address imports of forced labor.
And I guess this was not a surprise.
But the the question is, what is this? We need to remind people what this is, what this is all about, what we think this is all about.
Is it about forced labor? Is it about something else? And, you know, what what is it? What does it mean? So without prejudicing that discussion, who wants to start? And I'll weigh myself a little bit later.
excuse me.
60
partners.
Thank you, Ken.
And hello, everybody.
So much to cover this week.
And why don't we, as Ken said, and this does seem like it has been a long week.
It started off with tariffs on Canada, which seems like a long time ago, I guess now.
But let's start with the most recent one, which, by the way, I'd say that we should at least thank the administration for doing us a favor by announcing it yesterday.
as opposed to at 8 o'clock this morning or 8.30 this morning, to give us a little time to digest it.
No. Oh, yes.
No, that was coincidental, Wendy.
It has nothing to do with one of the things we should talk about.
So for those of you who are watching probably are aware that the administration announced yesterday that it was implementing tariffs that it had under Section 301. that had previewed a few weeks ago when it had completed its investigation, either 10% or 12.5%, depending on the country, to go into effect with exemptions, which we should also talk about a little bit, on 60 countries around the world for ostensibly not enforcing or having sufficient laws to address imports of forced labor.
And I guess this was not a surprise.
But the the question is, what is this? We need to remind people what this is, what this is all about, what we think this is all about.
Is it about forced labor? Is it about something else? And, you know, what what is it? What does it mean? So without prejudicing that discussion, who wants to start? And I'll weigh myself a little bit later.
excuse me.
60
partners.
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