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The US has launched a new round of tariff measures against 60 of its major trading partners, citing so-called “forced labor.”
Key points:
1. Tariff tiers
• For 45 economies, including China, Japan, South Korea, and India, the highest tariff rate of 12.5% applies;
• For 15 economies, including the European Union, Canada, and Mexico, a 10% tariff rate applies;
• Other economies (such as the UK and Switzerland) apply tariff rates in the 10%–12.5% range.
2. Legal basis
Under Section 301 of the Trade Act of 1974, it is implemented on the grounds that imports of forced labor products have not been effectively prohibited.
3. Coverage
It covers 60 economies worldwide, accounting for 99.4% of US imports, and replaces the previously expiring temporary global tariffs.
4. China’s position
China has clearly opposed unilateral tariff measures and argues that economic and trade issues should be resolved through dialogue and consultation.
5. Effective date
The new tariffs took effect on July 24, 2026, replacing the temporary tariff policies that were originally set to expire.