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Trump set to establish new tariffs

Trump set to establish new tariffs

U.S. President Donald Trump plans to impose new customs duties on approximately 60 countries before the current 10% tariffs, scheduled to expire at the end of this week. These measures are part of efforts to reshape the U.S. trade agenda, particularly due to the failure of some nations to combat forced labor in their exports. Sources expect that the new tariffs, which may range between 10% and 12.5%, will apply to the majority of trade flows with the targeted countries, including China, the European Union, Japan, and Taiwan, potentially leading to an escalation in international trade tensions.

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