Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire
- US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland.
- Andrew Harnik | Getty ImagesThe Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register.
- The duties, set between 10% and 12.5%, will effectively replace President Donald Trump's temporary 10% global tariffs, which are set to expire at the same time as the new ones take effect.
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- US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland.
- Andrew Harnik | Getty ImagesThe Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register.
- The duties, set between 10% and 12.5%, will effectively replace President Donald Trump's temporary 10% global tariffs, which are set to expire at the same time as the new ones take effect.
Sources: Cnbc