U.S. unveils new tariffs on 60 partners as Trump rebuilds trade agenda
The United States announced new tariffs on 60 trading partners, effective July 24, ranging from 10% to 12.5%, citing concerns over forced labor. This move replaces an expiring global duty implemented earlier this year under President Donald Trump. Major economies affected include China, India, and the European Union, signaling a significant shift in U.S. trade policy.