Trump reimposes new tariffs on 60 countries based on forced labor laws

President Donald Trump is implementing new Section 301 tariffs on 60 countries, ranging from 10% to 12.5%, as previous stopgap measures expire. This action follows a Supreme Court ruling that declared "Liberation Day" tariffs under the International Emergency Economic Powers Act unconstitutional. The U.S. Trade Rep announced these duties, based on forced labor probes, to replace temporary tariffs expiring at midnight. The administration is utilizing new legal bases to reinstate these duties across the affected nations.