Trump to impose forced labor duties on Friday as temporary 10% US tariffs expire
The Trump administration is implementing new tariffs of 10% to 12.5% on 60 trading partners, citing concerns over forced labor enforcement. These duties replace expiring temporary tariffs and apply to a wide range of imports, though some sectors like energy and automotive are exempted.
Why it matters
These tariffs represent a significant shift in U.S. trade policy, potentially impacting global supply chains and international diplomatic relations.
July 23 (Reuters) - The Trump administration on Friday will impose new tariffs of 10% and 12.5% on 60 trading partners, including the European Union, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expires, senior administration officials said on Thursday.
The move is the White House's latest effort to restore President Donald Trump's campaign vision of a near-global tariff after the U.S. Supreme Court in February struck down his "reciprocal" duties of 10% to 50% imposed last year under a national emergencies law to try to shrink the U.S. trade deficit.
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