According to AFP, the US is preparing to impose new tariffs on dozens of countries, as the global temporary tariff imposed by President Donald Trump will expire this week.
US Trade Representative Jamieson Greer said on July 21 (local time) that the Trump administration is preparing to impose tariffs on 60 trading partners, accusing these economies of not acting against the problem of forced labor.
The move comes as US officials are seeking to rebuild Mr. Trump's trade agenda after recent legal obstacles.
After the US Supreme Court rejected a series of Mr. Trump's tariffs in February, his administration imposed temporary 10% tariffs globally. This tariff will expire on July 24.
Analysts predict that the new tariffs related to forced labor will range from 10% to 12.5%, replacing the current temporary global tariff.
Mr. Jamieson Greer said that the new measure will apply to most of US trade activities. However, this move could increase tensions with the country's trading partners. The European Union (EU), China, Taiwan (China), Japan... are all among the targeted economies.
Last week, the US announced a 25% tariff on some imported goods from Brazil. On July 21, the US continued to announce a 50% tariff on many Canadian goods.
On the same day, Mr. Trump also announced the application of a 100% specialized tariff on imported generic drugs from August 2028 and raised it to 200% in 2029. Initially, this tariff will be reduced to 0% from August 2026 to create time for businesses to move pharmaceutical production activities to the US.
