Trump administration to impose new tariffs on 60 trading partners

The Trump administration will impose new duties of 10 percent and 12.5 percent on 60 trading partners, including the European Union, citing allegations of lax enforcement of forced labor bans. This move comes as a temporary 10 percent global tariff expires, marking the White House's latest effort to restore President Donald Trump's campaign vision of a near-global tariff wall. The new duties will take effect at 12:01 a.m. EDT on Friday, July 24, 2026, with goods in transit exempted until July 28.