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News in English (USA) / 24.07.2026 / 01:00

Trump Announces New Double-Digit Tariffs Affecting 60 Trade Partners

In a significant shift in U.S. trade policy, the Trump administration has confirmed the imposition of double-digit tariffs ranging from 10% to 12.5% on more than 60 countries. Citing concerns over forced labor and the expiration of existing tariffs, these new measures aim to rebuild the tariff wall that was previously diminished. The countries affected include major trading partners across the globe, with specific emphasis on Australian exports facing new levies. This move comes as the administration seeks to establish a robust trade regime while facing legal challenges and impending expiration of temporary tariffs. Industry experts anticipate further developments as the U.S. prepares additional tariffs on over 80 nations.
NPR, The New York Times, Bloomberg.com, CNBC, Financial Times, BBC, CNN, The Washington Post, AP News, Axios