U.S. Imposes New Tariffs on Imports from 60 Nations
Philadelphia, PA, July 23, 2026 — President Donald Trump has announced the imposition of new double-digit tariffs, ranging from 10% to 12.5%, on imports originating from 60 countries.…
Philadelphia, PA, July 23, 2026 —
President Donald Trump has announced the imposition of new double-digit tariffs, ranging from 10% to 12.5%, on imports originating from 60 countries. The White House stated that the decision stems from concerns over inadequate enforcement of existing bans on goods produced through forced labor.
These new levies are scheduled to take effect and replace temporary tariffs that are set to expire on Friday. The move follows a recent Supreme Court decision that invalidated the administration’s prior tariffs.
Certain key commodities, including oil, natural gas, and fertilizer, have been exempted from the new tariff measures. The announcement arrives at a time of increasing global oil prices and amidst a backdrop of ongoing geopolitical tensions.
The specific details regarding the enforcement mechanisms for the forced labor bans and the precise products affected by the new tariffs beyond the exempted categories were not immediately detailed. The duration for which these tariffs will remain in place was also not specified.
Story summarized from the original created by The Associated Press on www.inquirer.com, see more information here.
