Trump hits Thai seafood industry over worker rights

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

WASHINGTON, United States - Donald Trump will suspend trade preferences for Thailand's seafood industry after it failed to take steps to improve worker rights, dealing a blow to the multi-billion dollar sector.

– Donald Trump will suspend trade preferences for Thailand’s seafood industry after it failed to take steps to improve worker rights, dealing a blow to the multi-billion dollar sector.

The suspension of the trade preferences — which Bloomberg said are worth $1.3 billion — will go into effect on April 25, 2020, according to a letter sent Friday to House Speaker Nancy Pelosi. Other items losing duty-free preferences include fruits and vegetables, garment products and electrical appliances.

Thailand had been on the list since 2015 after allegations of rampant labor rights abuses in its fishing fleets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines