July 24, 2026
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0:41Now PlayingThe Trump administration imposed new tariffs on dozens of countries just after midnight Friday, the exact moment a prior round of tariffs is set to expire.
Officials say the new tariffs are the result of an investigation into the alleged failure of around 60 trade partners to prevent forced labor in their supply chains, to the detriment of American workers.
The U.S. will collect duties of at least 10% on roughly 99% of all imports.
The move is the most significant step yet to rebuild President Donald Trump's tariff regime after it was struck down by the U.S. Supreme Court.
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