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.














1,48M Popularidad
75,55K Popularidad
134,48K Popularidad
1,86M Popularidad
409,74K Popularidad
11,81M Popularidad
3,13M Popularidad
189,48K Popularidad
13,02M Popularidad
900,15K Popularidad