{"id":359709,"date":"2026-06-03T11:29:49","date_gmt":"2026-06-03T16:29:49","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/trump-admin-proposes-broad-new-tariffs-on-top-trading-partners"},"modified":"2026-06-03T11:29:53","modified_gmt":"2026-06-03T16:29:53","slug":"trump-admin-proposes-broad-new-tariffs-on-top-trading-partners","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/trump-admin-proposes-broad-new-tariffs-on-top-trading-partners","title":{"rendered":"Trump admin proposes broad new tariffs on prime buying and selling companions"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">The Trump administration is proposing a broad new set of tariffs on dozens of key trading partners, including the European Union, China, Mexico and Canada &#8212; an aggressive move to rebuild the president&#8217;s signature economic policy after many of his tariffs were struck down by the Supreme Court.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The announcement came in a <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/ustr.gov\/sites\/default\/files\/files\/Press\/Releases\/2026\/USTR%20Report%20Sec%20301%20FL%20301%206-2-26%20FINAL%20for%20upload.pdf\" dir=\"ltr\">report<\/a> released late Tuesday by the office of U.S. Trade Representative Jamieson Greer invoking Section 301 of the Trade Act of 1974.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The report accused 60 trading partners of failing to enact or enforce laws around &#8220;forced labor,&#8221; using that as a justification to impose tariffs of up to 12.5%. The tariffs target 99% of imports to the United States, the report said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Under the proposal, countries including China, the United Kingdom, Japan and Brazil would face additional tariffs up to 12.5%. Mexico, Canada, and the European Union would face additional 10% tariffs.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">These new tariffs are not yet in effect. The USTR said it will hold a public hearing on the proposed actions on July 7, 2026.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur \" style=\"padding-bottom:64.70588235294117%\" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/668cd00d-adba-43ec-b97c-0ac857e79db4\/shipping-tariffs-2-gty-jef-260603_1780495158021_hpEmbed_17x11.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/668cd00d-adba-43ec-b97c-0ac857e79db4\/shipping-tariffs-2-gty-jef-260603_1780495158021_hpEmbed_17x11.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/668cd00d-adba-43ec-b97c-0ac857e79db4\/shipping-tariffs-2-gty-jef-260603_1780495158021_hpEmbed_17x11.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/668cd00d-adba-43ec-b97c-0ac857e79db4\/shipping-tariffs-2-gty-jef-260603_1780495158021_hpEmbed_17x11.jpg?w=1500 2x\"\/><img decoding=\"async\" title=\"Ecuador\" alt=\"Ecuador\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/668cd00d-adba-43ec-b97c-0ac857e79db4\/shipping-tariffs-2-gty-jef-260603_1780495158021_hpEmbed_17x11.jpg\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW aiQHS lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">Vehicles pass near shipping containers stacked at the Port of Los Angeles on May 28, 2026 in Los Angeles, California.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Mario Tama\/Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The administration launched investigations in March into various trading partners under Section 301 after <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Politics\/supreme-court-invalidates-trumps-tariffs\/story?id=129036085\" dir=\"ltr\">the Supreme Court ruled<\/a> in February that President Donald Trump could not impose sweeping global tariffs under a separate authority, the International Emergency Economic Powers Act. The administration&#8217;s <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Business\/trump-admin-206b-tariff-refunds-court-filing\/story?id=133382357\" dir=\"ltr\">issued roughly $20 billion in refunds<\/a> on those tariffs so far, according to a court filing last week.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Though many of Trump&#8217;s other tariffs are still in effect, with the overall effective tariff rate still at the highest level since the 1940s, according to the Yale Budget Lab. It estimated the current tariff policy, without the proposed new additions, could cost the average American household up to $1,200 per year.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The USTR report claimed that 54 economies &#8220;have failed to impose a legal prohibition on the importation of goods produced wholly or in part with forced labor and to effectively enforce such a prohibition.&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Those countries include Algeria, Angola, Argentina, Australia, The Bahamas, Bahrain, Bangladesh, Brazil, Cambodia, Chile, China, Colombia, Costa Rica, Dominican Republic, Egypt, El Salvador, Guatemala, Guyana, Honduras, Hong Kong, China, India, Iraq, Israel, Japan, Jordan; Kazakhstan, Kuwait, Libya, Malaysia, Morocco, New Zealand, Nicaragua, Nigeria; Norway, Oman, Peru, the Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Sri Lanka, Switzerland, Taiwan, Thailand, Trinidad and Tobago, Turkey, United Arab Emirates, United Kingdom, Uruguay, Venezuela and Vietnam.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">It also said that six economies &#8220;have failed to effectively enforce a forced labor import prohibition.&#8221; Those countries, according to the report, are Canada, Ecuador, the European Union, Indonesia, Mexico and Pakistan.<!-- -->\u00a0<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Greer said Tuesday on CNBC that the Trump administration would soon release the results of these \u200bseveral Section 301 \u200btrade investigations, saying they were &#8220;nuanced.&#8221;<!-- -->\u00a0<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">&#8220;We&#8217;re trying to go very carefully to change the terms of trade between the United States and the rest of the world,&#8221; he said.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/Politics\/trump-admin-proposes-broad-new-tariffs-top-trading\/story?id=133552819\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Trump administration is proposing a broad new set of tariffs on dozens of key trading partners, including the European Union, China, Mexico and Canada [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":359712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6967,7420,35115,609,18349,6832,124,4067,4914,23637,6638],"class_list":["post-359709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ecuador","tag-nicaragua","tag-port-of-los-angeles","tag-president","tag-saudi-arabia","tag-supreme-court","tag-switzerland","tag-taiwan","tag-trump-administration","tag-uruguay","tag-venezuela"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/359709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=359709"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/359709\/revisions"}],"predecessor-version":[{"id":359711,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/359709\/revisions\/359711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/359712"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=359709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=359709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=359709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}