United States · Business news · Policy & Regulation · 23 Jul 2026
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Senior officials said tariffs of 10% and 12.5% on 60 trading partners, including the EU, would take effect at 12:01 a.m. EDT on July 24 under Section 301, the same moment a temporary 10% Section 122 tariff expired. That levy had replaced the 'reciprocal' duties the Supreme Court struck down in February. Oil and gas, fertiliser, certain foods and goods already under Section 232 tariffs, such as autos, steel, aluminium and copper, are exempt; goods in transit have until July 28.
The new duties apply to imports from 60 trading partners, including the EU, so retailers, apparel and footwear brands, consumer-electronics sellers and manufacturers that rely on imported parts keep paying a broad tariff instead of getting relief when the temporary levy lapsed. The duties rest on Section 301 of the Trade Act rather than the emergency-powers law the Supreme Court rejected, a different legal basis that affects how companies plan pricing and supply chains.
Reported by Reuters (via GV Wire) — “Trump to impose forced-labor duties on Friday as temporary 10% US tariffs expire” ↗ on 23 Jul 2026.
Official series on 23 Jul 2026 or the last day before it, and the latest observation.
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