U.S. Proposes 10-12.5% Tariffs on Imports From 60 Trading Partners After Supreme Court Struck Down Prior Levies

The Trump administration proposed new tariffs of 10% or higher on products from 60 major trading partners after an investigation into goods allegedly made with forced labor. Under the plan released late Tuesday, 16 economies including Canada, Mexico, the European Union, Taiwan and the United Kingdom would face 10% levies. 5% duties.

The Supreme Court struck down earlier global tariffs in February after finding the administration had exceeded its authority under the 1977 International Emergency Economic Powers Act. Those tariffs had generated more than $31 billion in October before falling to $22 billion in March and April.

The administration turned to Section 301 of the Trade Act of 1974, which allows tariffs against countries found to engage in unreasonable trade practices.

Temporary 10% tariffs imposed after the court loss are set to expire July 24. The proposal exempts aircraft parts, food products, rare earth minerals and goods covered by the North American trade pact. Public hearings are scheduled to begin July 7, and the tariffs would not take effect until after comment and review.

U.S. Trade Representative Jamieson Greer said the failure of trading partners to address forced labor imports creates an unlevel playing field for American workers. Canadian Prime Minister Mark Carney said his government will soon introduce legislation on forced labor in supply chains.

Trade lawyer Ryan Majerus said the investigation is moving at twice the normal speed and expects the new tariffs to be ready before the temporary ones expire next month.