The U.S. Trade Representative (USTR) announced on July 23 that it will impose 10% to 12.5% tariffs on 60 economies under Section 301 of the Trade Act of 1974, citing forced labor concerns, replacing the expiring 10% global import tariff. The new tariffs took effect at 12:01 a.m. ET on July 24, covering over 99% of U.S. trade volume. Among them, EU, Japan, Switzerland and South Korea face 10%-12.5% tariffs; Canada, Mexico, India and the UK will see a 10% rate. China faces a 12.5% tariff rate. Fuel, food, fertilizers, and products already subject to sectoral tariffs like autos, metals, and pharmaceuticals are exempt, along with goods covered by USMCA.














1,5M Popularitas
75,72K Popularitas
135,79K Popularitas
1,86M Popularitas
410,8K Popularitas
11,81M Popularitas
3,13M Popularitas
189,78K Popularitas
13,02M Popularitas
868,51K Popularitas