Fortune· 1h ago· 1 min read
President Donald Trump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap levies he imposed after a stinging defeat at the Supreme Court.
The United States will slap taxes of 10% to 12.5% on imports from 60 trading partners accounting for 99% of U.S. imports, charging that they have inadequately enforced bans on goods produced by forced labor.
“The United States has had a forced labor import ban for nearly a century, and rigorously enforces it; it’s well past time for our trading partners to do the same,” said U.S. Trade Representative Jamieson Greer.
The new tariffs will take effect just as temporary 10% worldwide tariffs expire at 12:01 a.m. Friday . Trump had turned to those temporary levies after the Supreme Court struck down his biggest and boldest tariffs in February .
Now he's tapping more durable…
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