July 28, 2026- The U.S. Trade Representative (USTR) announced it is implementing a 10% or 12.5% tariff on 60 trading partners, including the European Union and China, per Reuters. According to the Federal Register document uploaded late Thursday, the new tariffs that went into effect Friday on 60 trading partners maintain exemptions the White House had included in the global duties that the Supreme Court struck down in February, according to Politico, such as imports from Canada and Mexico that are compliant with an existing North American trade agreement.
Nations that the USTR said had made commitments to adopt and effectively enforce forced labor import prohibitions will receive a 10% tariff, while nations that the agency said had failed to adopt a forced labor import ban will receive a 12.5% tariff. The USTR notice outlines which products are excluded from the new tariffs, including products already subject to Section 232 tariffs, products qualifying under the U.S.-Mexico-Canada trade agreement and certain pharmaceuticals and pharmaceutical ingredients, per the American Hospital Association.