The Trump administration has replaced a set of expiring global tariffs with new duties targeting 60 economies. The new levies are set at 10% and 12.5%, and the action is taken under Section 301 of the Trade Act of 1974.
Why the change now
The previous round of tariffs was due to expire. Rather than let them lapse, the administration opted to restructure them. The new duties cover a broader set of countries — 60 in total — compared to the earlier measures. Officials have not publicly detailed the specific products or sectors affected, but the move signals a continued aggressive posture on trade.
Two rates, 60 economies
The new tariff structure applies two different rates: 10% and 12.5%. It is unclear which economies fall under which rate. The administration has not released a full list, but the 60 countries represent a significant expansion of the tariff regime. The previous tariffs were more limited in scope and were set to expire soon.
Legal authority: Section 301
The action relies on Section 301 of the Trade Act of 1974, a law that allows the president to impose trade sanctions on countries that engage in unfair trade practices. The same authority was used in earlier tariff actions. The administration argues that the new duties are necessary to address ongoing trade imbalances and protect domestic industries.
What comes next
The new duties are now in effect, replacing the expiring tariffs. Importers and businesses that rely on goods from the affected economies will need to adjust to the new rates. The administration has not announced any further tariff actions, but the use of Section 301 leaves the door open for additional measures if negotiations with trading partners do not yield results.
