Close Menu
Entertainment Industry Reporter
    Facebook X (Twitter) Instagram
    Entertainment Industry Reporter
    • Home
    • Film
    • Television
    • Box Office
    • Reality TV
    • Music
    • Horror
    • Politics
    • Books
    • Technology
    • Popular Music Videos
    • Cover Story
    • Contact
      • About
      • Amazon Disclaimer
      • DMCA / Copyright Disclaimer
      • Privacy Policy
      • Terms and Conditions
    Entertainment Industry Reporter
    You are at:Home»Politics»Trump to slap ‘sweeping’ new tariffs on 60 trade partners
    Politics

    Trump to slap ‘sweeping’ new tariffs on 60 trade partners

    By AdminJuly 24, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Trump to slap ‘sweeping’ new tariffs on 60 trade partners


    US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland.

    Andrew Harnik | Getty Images

    The Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register.

    The duties, set between 10% and 12.5%, will effectively replace President Donald Trump’s temporary 10% global tariffs, which are set to expire at the same time as the new ones take effect.

    The forthcoming tariffs will apply to 60 trade partners and cover 99.4% of U.S. trade, the Office of the U.S. Trade Representative said in a fact sheet Thursday afternoon. The office separately told CNBC that it could not provide an estimate of how much revenue the new tariffs will generate.

    The move “is the most sweeping international labor rights action the United States has ever taken — that any country has ever taken,” a senior Trump administration official told reporters in a call earlier Thursday.

    The official noted that the new tariffs would not “stack” on top of existing import taxes on steel and aluminum, known as “Section 232” duties, that Trump imposed last year on national-security grounds.

    Thursday’s announcement underscores how the Trump administration is ramping its aggressive use of tariffs back up, after the president’s protectionist agenda suffered major legal setbacks earlier this year. Trump has long touted tariffs as key tools for generating revenue and gaining leverage over foreign trade partners, while brushing aside criticisms that they tax U.S. importers and raise prices for U.S. consumers.

    The White House recently imposed 25% tariffs on most U.S. imports from Brazil, which took effect Wednesday, and 50% tariffs on a wide range of goods from Canada, which are set to begin next month.

    The Trump administration had proposed the upcoming tariffs in early June, after concluding that the targeted countries failed to effectively ban the use of forced-labor practices in trade with the U.S.

    Read more CNBC politics coverage

    The new tariffs are being brought under Section 301 of the Trade Act of 1974, one of trade tools Trump has wielded since the Supreme Court struck down his global “liberation day” duties on Feb. 20.

    Hours after that court loss, a furious Trump said he would impose a worldwide 10% tariff under Section 122 of the 1974 trade law. But that tariff came with a 150-day timer that was set to lapse at 12:01 a.m. ET on Friday.

    In March, the Trump administration announced two separate Section 301 investigations: the forced-labor probe, and another one centered on concerns about excess manufacturing capacity by 16 economies. The latter probe has yet to be finalized.

    “We commit to continuing to use tariffs and to negotiate deals to support the reindustrialization of our economy, protect American workers, and increase their wages and shrink our trade deficit,” U.S. Trade Representative Jamieson Greer said in Senate testimony Wednesday.

    Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



    Original Source Link

    Share. Facebook Twitter LinkedIn Email Telegram WhatsApp

    Related Posts

    Fed staff should have known Silicon Valley Bank was vulnerable: report

    UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report

    Trump photo on Kennedy Center demolition cited in court filing

    Trump threatens tariffs on EU over Canada’s bid to become bloc’s first associate member

    Sen. Blumenthal urges AI oversight as Trump admin

    House to vote on bill to rein in AI data center utility costs

    Popular Posts

    An Incident From the Past Draws the Martini Club Back Into Action in “The Shadow Friends”

    Trump won’t sign housing bill, in SAVE America Act protest

    NASA is launching a rocket on Sunday to study a 20,000-year-old supernova

    Best Remixes Of Popular Songs 2024 | New Charts Music Mix 2024

    Humang Souwida – Official Music Video Release

    Markiplier On ‘Iron Lung’, YouTube & All That Fake Blood

    Sirāt (2025) Movie Review

    Categories
    • Books (2,355)
    • Box Office (1,731)
    • Cover Story (47)
    • Events (34)
    • Featured (50)
    • Film (2,375)
    • Horror (2,358)
    • Lifestyle (11)
    • Music (2,447)
    • Music & Film Reviews (1)
    • Politics (1,505)
    • Popular Music Videos (1,788)
    • Reality TV (1,814)
    • Technology (2,366)
    • Television (2,145)
    • Uncategorized (1)
    Archives
    Useful Links
    • About
    • Contact
    • Privacy Policy
    • DMCA / Copyright Disclaimer
    • Amazon Disclaimer
    • Terms and Conditions
    Categories
    • Books (2,355)
    • Box Office (1,731)
    • Cover Story (47)
    • Events (34)
    • Featured (50)
    • Film (2,375)
    • Horror (2,358)
    • Lifestyle (11)
    • Music (2,447)
    • Music & Film Reviews (1)
    • Politics (1,505)
    • Popular Music Videos (1,788)
    • Reality TV (1,814)
    • Technology (2,366)
    • Television (2,145)
    • Uncategorized (1)
    Popular Posts

    Do You Remember Budweiser’s ‘Bud Bowl’ Super Bowl Commercials?

    Jennifer Lopez Strips Back Her Look To Nothing but a Bra & Briefs

    New Mystery and Thriller Books to Read | July 14

    Story Winner Explores Blurred Lines Between Fiction and Reality in Historical Romance

    © 2026 Entertainment Industry Reporter. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms & Conditions and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT