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United States to Impose New Tariffs on 60 Countries


Baghdad: The United States is set to impose tariffs ranging from 10% to 12.5% on 60 major trading partners, as announced by U.S. Trade Representative Jamison Greer.



According to National Iraqi News Agency, Greer’s office released a statement indicating that these tariffs are being implemented under Section 301 of the Trade Act of 1974. The action targets countries that have failed to prohibit the importation of goods produced using forced labor and to enforce such prohibitions effectively.



The statement further detailed that a lower tariff rate of 10% will be applied to 17 countries that have already enacted bans on the importation of goods produced with forced labor. This group includes the United Kingdom, India, Canada, and Mexico.



Additionally, specific goods from the European Union, Japan, South Korea, and Switzerland, which are not covered by existing exemptions, will face tariffs of either 10% or 12.5% after adjustments for the Most Favored Nation (MFN) tariff system.



For the remaining countries that did not comply with Washington’s conditions, the base tariff rate will increase to 12.5%, marking a 2.5 percentage point rise.



The new tariffs are scheduled to take effect today. They will replace the temporary 10% global tariff that was imposed by the Trump administration in February, following the Supreme Court’s cancellation of the tariffs initially set in April 2025. This temporary measure had been in effect for 150 days, which concludes today, prompting the White House to adopt targeted tariffs under a new legal framework.