Peter Brown

Morning, David.

Well, this comes from the US Trade Representative's Office and a finding of unfair trade practices investigation, right?

And they say that the failure of the most important trading partners to address the importation of goods made with forced labour is unacceptable.

Right.

So their imposing announcement comes ahead of the 20...

July the 24th expiration of the 10% emergency tariff that Donald Trump put in, as you rightly say, after the Supreme Court knocked down his tariff policy on February the 20th.

So he's trying to replace an existing tariff.

That's what he's trying to do.

Now, the tariff then exempts.

Metals, beef, coffee, certain fruits and vegetables, pharmaceuticals, organic chemicals and aircraft parts.

I mean, how do you determine what is produced in Europe through forced labour?

And of course, the irony there is that the American...

prisoners produce 11 billion worth of goods a year with forced labour.

Really?

Yes, they do.

So it's more of Donald Trump's tariffs.

But what we know about tariffs now and what we said at the start, tariffs are paid by the importer and the consumer.

And we know from anyone requesting a refund, they're all American.

They're all American companies.

European companies are not paying the tariffs.