U.S. implements new Section 301 tariffs on imports from 60 trading partners, citing forced labor concerns

The U.S. administration has imposed new Section 301 tariffs, effective July 24, 2026, replacing the temporary Section 122 global tariffs that expired on the same date. These new duties generally apply at rates of 10% or 12.5% on imports from 60 trading partners, covering approximately 99.4% of all U.S. imports. The Office of the U.S. Trade Representative (USTR) justified the action based on findings that the affected economies have failed to impose or effectively enforce prohibitions on goods produced with forced labor.