Trump finalizes new tariffs on dozens of countries

Business Insider· 5h ago· 4 min read

President Donald Trump speaks during a press briefing at the White House. Chen Mengtong/China News Service/VCG via Getty Images The Trump administration on Thursday revealed new double-digit tariffs on dozens of US trading partners. The new duties range from 10 to 12.5%. They follow a five-month investigation into trading partners' efforts to root out products made with forced labor. The Trump administration on Thursday finalized new double-digit tariffs on dozens of U.S. trading partners as it seeks to reconstitute sweeping duties struck down by the Supreme Court in February. The new duties, which range from 10 to 12.5%, follow a five-month investigation into trading partners' efforts to root out products made with forced labor from their supply chains and are set to take effect just as a temporary global 10% tariff expires. Starting Friday, 17 trading partners — including Canada, the European Union, Indonesia, the United Kingdom and Mexico — will face a 10% duty, along with another

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