- 37m ago
Trump imposes 10–12.5% tariffs on 60 trading partners, citing forced labour, as temporary levy expires
The United States will impose tariffs of 10% to 12.5% on imports from about 60 trading partners at midnight Washington time, replacing a temporary 10% levy that expires on 24 July 2026. The move invokes Section 301 of the Trade Act of 1974, citing forced labour in supply chains.
- 3h ago
US imposes 10-12.5% tariffs on 60 nations over forced labor, replacing struck-down global levy
The tariffs, ranging from 10% to 12.5%, took effect at midnight Eastern Time on July 24, replacing a temporary 10% global tariff that the Supreme Court had invalidated. The EU, Canada, and the UK face the lower rate; Australia, China, and Japan the higher one, though existing deals may shield some.
