President Trump’s newly announced tariffs target 60 economies with rates ranging from 10% to 12.5%. They replace Section 122 levies, which expired early Friday morning.
The new tariff schedule, announced by the White House Thursday evening, is enacted under Section 301 of the Trade Act of 1974. It places tariffs of up to 12.5% on a range of goods from U.S. trade partners which the Trump administration accuses of failing to prohibit forced labor. It went into effect at 12:01 a.m. on Friday.
The new levies amount to what one senior administration official described as “the most sweeping international labor rights action the United States has ever taken, that any country has ever taken.”
Trading partners that have taken steps to ban forced labor face tariffs of 10%, while those countries that do not effectively prohibit the practice have a rate of 12.5%.
U.S. officials say all 60 economies subject to the new levies fail to impose and effectively enforce a ban on the importation of goods produced with forced labor.
The new trade action covers 99.4% of U.S. imports, according to the Office of the U.S. Trade Representative.
Here’s the full list of new tariff rates on 60 countries.
Countries facing a 10% tariff:
Argentina
Bangladesh
Cambodia
Canada
Ecuador
El Salvador
European Union
Guatemala
Honduras
India
Indonesia
Jordan
Malaysia
Mexico
Pakistan
Sri Lanka
Taiwan
Trinidad and Tobago
United Kingdom
Countries facing a 12.5% tariff:
Algeria
Angola
Australia
The Bahamas
Bahrain
Brazil
Chile
China
Colombia
Costa Rica
Dominican Republic
Egypt
Guyana
Hong Kong
Iraq
Israel
Japan
Kazakhstan
Kuwait
Libya
Morocco
New Zealand
Nicaragua
Nigeria
Norway
Oman
Peru
The Philippines
Qatar
Russia
Saudi Arabia
Singapore
South Africa
South Korea
Switzerland
Thailand
Turkiye
United Arab Emirates
Uruguay
Venezuela
Vietnam
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