Trump rebuilds trade regime with new tariffs on global trading partners

The Trump administration announced new tariffs reaching 12.5% on 60 trading partners, effective Friday at 12:01 a.m. ET. This move prevents a lapse in import taxes as temporary programs expire, demonstrating the White House's determination to sustain its tariff agenda via new trade laws. This follows a busy period including tariffs on Brazil and threats against Canada. These measures stem from Section 301, reflecting a broader strategy to rebuild the trade regime through new authorities.