Trump locks in 10%-12.5% tariffs on 60 trading partners
What's next: More trade cases targeting subsidies, semiconductors, robotics and Vietnam could expand the tariff wall by late summer.
President Donald Trump has moved to cement a new round of tariffs, imposing duties of 10% or 12.5% on 60 countries under Section 301 of the Trade Act of 1974 after a Supreme Court setback this year. The levies, tied to what the administration calls weak enforcement of forced-labor bans, replace a temporary 10% global tariff that expired Friday and cover 99.4% of US imports, the Office of the U.S. Trade Representative said. The shift marks a move away from the emergency powers Trump used for his earlier "Liberation Day" tariffs, which the court struck down. More cases are expected in coming weeks, including probes into industrial overcapacity and alleged intellectual property theft by Vietnam.