US Implements New Tariffs on 60 Trading Partners

Jul 24, 2026

59 min

Jul 24, 2026 04:30

US imposes new tariffs on 60 partners as Trump rebuilds trade agenda

## New Tariffs Announced

The United States has introduced new tariffs affecting 60 trading partners, replacing a previous global duty. These tariffs, ranging from 10% to 12.5%, target major economies such as China, India, and the European Union.

## Forced Labor and Legal Challenges

The tariffs are linked to bans on forced labor imports, aiming to withstand potential legal challenges. The Trump administration has moved to reestablish tariffs after a Supreme Court decision earlier this year invalidated several duties.

## Impact on Global Trade

Countries with forced labor bans, like Canada and the EU, face a 10% tariff, while others, including China and Japan, are subject to a 12.5% rate. Some nations, such as Japan and Australia, have criticized the new measures.

## Exemptions and Ongoing Investigations

Certain goods, including steel, aluminum, and products under the US-Mexico-Canada trade agreement, are exempt from these tariffs. The US is also investigating 16 economies for industrial overcapacity, which could lead to further duties.

## Strategic Moves

The administration's strategy maintains leverage over trading partners and encourages compliance with existing trade agreements. This approach is expected to sustain tariffs throughout Trump's term, signaling a more protectionist stance by the US.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents