July 24, 2026
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4:17Now PlayingThe Trump administration has announced a new tariff regime affecting 60 trading partners, replacing the temporary 10% global tariff with duties ranging from 10% to 12.5%. The measures, covering nearly 99.4% of US imports, are aimed at pressuring countries to strengthen action against forced labour in supply chains. India secured the lower 10% tariff after trade discussions with Washington, while China and Japan will face the higher 12.5% rate. Products already subject to sector-specific tariffs, including steel and aluminium, remain unaffected. The administration says the new framework is designed to withstand legal challenges and protect American industries.
#trump #tariffs #ustr #tradewar #tradedeal #india #china #usa #donaldtrump #worldnews #breakingnews #economy #imports #trade #mirrornow
Trump Hits 60 Nations With Fresh Tariffs| India, China, Canada Included, How It Works?
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