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Trump’s New Tariffs Target 60 Nations | Concord News

Trump’s New Tariffs Target 60 Nations | Concord News

Published 2 weeks, 5 days ago
Description

Trump’s back with new global tariffs—this time targeting 60 countries including Canada, the EU, Japan, and Mexico—with 10–12.5% extra fees on nearly all imports. The move follows the expiration of previous temporary tariffs and comes after a Supreme Court ruling killed his earlier sweeping duties, forcing refunds. The administration claims forced labor in these nations’ supply chains is the reason, arguing years of diplomacy failed. Critics call the new tariffs too broad and harmful to American consumers and businesses, warning potential price hikes of up to $1,100 per household amid rising inflation.

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