Archive · 21 Jul 2026

Trump administration prepares fresh tariffs on 60 countries

Trump administration prepares fresh tariffs on 60 countries

The Trump administration is planning to impose new tariffs on about 60 countries because they are not doing enough to stop forced labour.

The current 10% global tariff is set to expire on July 24.

The new tariffs could cause tension with major trading partners like the European Union, China, and Japan.

The US Trade Representative, Jamieson Greer, said they need to brief Congress before announcing the exact timeline.

Additionally, the US is increasing tariffs on Brazilian and Canadian goods and is reviewing the USMCA trade agreement with Mexico and Canada.

Sources