The Trump administration will impose import tariffs of 10% and 12.5% on 60 trading partners, according to a report. The specific countries and the effective date have not been disclosed.
The Trump administration is preparing a new round of tariffs, imposing rates of 10% and 12.5% on imports from 60 trading partners, according to a report from ynet. The specific countries targeted and the timeline for implementation have not been disclosed.
The move follows a series of tariff actions by the administration this year, including a 10% tariff on imports that a federal appeals court allowed to remain in effect pending appeal, and a 50% tariff on certain Canadian goods. The administration has also threatened a 100% tariff on European countries that impose digital services taxes.
The report did not specify which countries would be affected by the new 10% and 12.5% rates, or whether the tariffs would take effect immediately or after a notice period. Further details are awaited.
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