The Trump administration is preparing to impose new prices of 10% and 12.5% on imports from 60 trading partners starting Friday, as a temporary global tariff expires.
This decision comes after the Supreme Court in February invalidated the president Donald Trump“Reciprocal” customs duties of 10-50% imposed last year. In response, Trump implemented a temporary 10% international tariff under Section 122 of the Trade Act of 1974, which expires at 12:01 a.m. ET on Friday.
The Office of the U.S. Trade Representative announced Thursday that the new tariffs, imposed under Section 301 of the Trade Act of 1974, would take effect immediately after the temporary duties expire.
Canada, Mexico, India and United Kingdom are among the trading partners who will face 10% tariffs.
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President Donald Trump answers questions during a press briefing at the White House in Washington, DC, February 20. The same day, the Supreme Court ruled against his use of emergency powers to implement certain tariffs on international trade. (Kevin Dietsch/Getty Images/Getty Images)
Taiwan and the European Union are expected to face tariffs of 12.5%.
“The United States has banned imports of forced labor for nearly a century and rigorously enforces it; it is high time our trading partners did the same,” U.S. Trade Representative Jamieson Greer said in a press release.
A senior administration official told Reuters the new tariffs were not intended to replace expiring global tariffs, even though they take effect at the same time.
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U.S. President Donald Trump holds up a “Reciprocal Tariffs” chart while speaking at a “Make America Wealthy Again” trade announcement event in the Rose Garden of the White House April 2, 2025 in Washington, DC. (Chip Somodevilla/Getty Images/Getty Images)
The official argued that the United States enforces bans on products made with forced labor more aggressively than any other country, putting American companies at a competitive disadvantage.
Many products will be exempt from tariffs, including oil and gas, fertilizer, certain food products, and goods already subject to Section 232 national security tariffs, including automobiles, steel, aluminum, and copper.
This announcement follows a series of new commercial actions unveiled by the Trump administration this week.
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U.S. Treasury Secretary Scott Bessent and U.S. President Donald Trump attend the White House Digital Assets Summit in the State Dining Room of the White House on March 7, 2025. (Photo by Anna Moneymaker/Getty Images/Getty Images)
On Tuesday, Trump announced that imported generic drugs would remain tariff-free for two years before facing new high tariffs, saying the move was intended to encourage pharmaceutical companies to make more drugs in the United States.
On Monday, Trump also announced a 50% rate on some Canadian imports, citing what officials called trade “discrimination” against U.S. companies.
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These duties are scheduled to take effect on August 19 under the Tariff Act of 1930 and apply to a range of Canadian imports, including certain food products, clothing, synthetic materials and industrial products.
Brittany Miller and Bonny Chu of FOX Business, as well as Reuters, contributed to this report.
