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#UStoImpose10To12.5PercentTariffsOn60Economies
US To Impose 10 To 12.5 Percent Tariffs On 60 Economies Full Guide For Gate Users
US will start new tariffs of 10 percent and 12.5 percent on goods from 60 economies from July 24 at 12:01 am Eastern. Move covers 99.4 percent of all US imports and replaces temp 10 percent global levy that ends now. Case was run under Section 301 of 1974 Trade Act after probe into forced labor import bans. USTR said all 60 failed to impose and enforce ban in a way that is reasonable. Result is broad duty.
Rate split is simple.
10 percent if economy has or pledges forced labor import ban.
12.5 percent if not.
Both rates add on top of existing most favored duties for many partners, but few partners get non stacking per deal made in 2025.
Who is on list. List counts EU as one, plus major Asian economies, plus many more across Asia, Europe and other zones. South Korea sees 12.5 percent in reports. EU, China, India, Pakistan, Philippines, Bangladesh also on list. In total 60.
Timeline.
March USTR opens 301 probe.
June 2 USTR finds failure for all 60.
June 3 proposal of 10 to 12.5 percent.
July 7 hearings.
July 23 final word.
July 24 12:01 am duties live.
Exemptions include select goods under Section 232, qualifying USMCA goods and select exempt items.
Market impact.
One cost up. Tariff on almost all imports lifts input cost. US 10 year near 4.69 percent, Fed meet July 28 to 29 will watch.
Two supply shift. Firms reroute via USMCA or via exempt lines.
Three risk vol up. Equities wobble, oil at 100 adds pressure, crypto often dips then bounces on tariff headlines. BTC held near 66000 zone during first prints.
How to trade this on Gate only.
Gate just expanded TradFi feature to cover CFD trading across gold, forex, indices, commodities and select popular stocks. Feature uses USDx based margin pegged 1 to 1 to USDT, fixed trading hours and leverage with cross margin, and low fee from 0.018. Gate also runs rewards up to 110 USDT on sign up and up to 3000 USDT for leaderboard volume. This gives you direct tools to trade tariff impact without leaving Gate.
Step one track tariff headlines. Mark July 24 start. Use Gate TradFi CFD for indices and forex that react to trade war talk.
Step two use Gate spot and perp for crypto side. When tariff news hits risk off, use low leverage, limit orders and tight stops.
Step three keep idle cash active. Park USDT in GUSD on Gate. Base yield 3.8 percent plus Launchpool dual earn around 16 percent for AVNT, U, BOT pools. Mint GUSD with USDT at 1 to 1 on Gate. Base accrues in Spot or Earn.
Step four hedge via gold. Gate CFD for gold lets you offset equity dip when tariffs lift safe haven bid.
In short US new tariffs of 10 to 12.5 percent on 60 economies from July 24 mark wide trade shift. Use Gate TradFi CFD, spot, perp and GUSD at 3.8 percent to trade it with plan and low risk.