Friday, July 24, 2026
  • About Us
  • Advertise
  • Privacy & Policy
  • Team
  • Contact
The English Chronicle
Advertisement
  • Home
  • Business & Economy
  • Politics
  • Entertainment
  • Sports
  • Science & Technology
  • UK News
  • World News
  • Health
No Result
View All Result
  • Home
  • Business & Economy
  • Politics
  • Entertainment
  • Sports
  • Science & Technology
  • UK News
  • World News
  • Health
No Result
View All Result
The English Chronicle
No Result
View All Result

US Unveils Fresh Tariffs on Global Trading Partners

5 hours ago
in Business & Economy, Finance, Market, Politics, US News, World News
US new tariffs on global trading partners
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Published: 24 July 2026 | The English Chronicle Desk | The English Chronicle Online

The United States has launched a sweeping new round of tariffs on dozens of its largest trading partners, marking the latest escalation in President Donald Trump’s renewed trade strategy and signalling that Washington remains committed to reshaping global commerce despite legal setbacks earlier this year.

The measures, announced by the White House on Friday, introduce tariffs ranging from 10% to 12.5% on imports from 60 major trading partners, including the United Kingdom, the European Union, China, Japan, Australia and Brazil. According to US officials, the countries affected account for approximately 99.4% of all goods imported into the United States, making the move one of the broadest tariff actions undertaken by the Trump administration since the president returned to office.

The new tariffs replace a temporary tariff regime that expired on Friday. Although the rates remain broadly similar to the previous system, the administration has introduced a different legal justification for maintaining them. Rather than relying on emergency economic powers—which the US Supreme Court ruled earlier this year had been improperly used—the White House now argues that the tariffs are necessary because major trading partners have failed to adequately prevent goods produced through forced labour from entering international supply chains.

US Trade Representative Jamieson Greer defended the decision, describing it as both an economic and human rights measure.

“Today’s action will begin to correct what is both a human rights abuse and distortive trade practice to improve the welfare of workers everywhere,” Greer said while announcing the policy.

Administration officials maintain that forced labour remains a serious concern in global manufacturing and that countries exporting to the United States must strengthen oversight of their supply chains. Washington argues that unfair labour practices not only violate human rights but also distort international competition by allowing lower production costs that disadvantage American manufacturers.

However, many trade specialists believe the human rights argument is largely being used to provide a legally sustainable basis for tariffs that are fundamentally intended to reduce America’s trade deficit and encourage domestic manufacturing.

Caroline Freund, Dean of the School of Global Policy and Strategy at the University of California San Diego and a respected international trade economist, questioned the administration’s stated motivation.

Speaking to the BBC, Freund argued that the policy is “not about forced labour,” suggesting instead that the White House was searching for a legal mechanism to preserve tariffs after the Supreme Court invalidated earlier measures introduced under emergency powers.

According to Freund, President Trump and senior trade officials have consistently framed tariffs as tools for reducing the US trade deficit and bringing manufacturing jobs back to American factories rather than primarily addressing labour rights violations overseas.

The Supreme Court’s earlier ruling represented a significant setback for the administration’s trade agenda. The court concluded that the president had exceeded his legal authority when imposing broad global tariffs under emergency economic legislation, forcing the government to refund billions of dollars collected from importers.

Rather than abandoning its protectionist approach, the administration has pursued alternative legal avenues to maintain import duties. The forced labour justification now appears to be the latest strategy designed to withstand potential legal challenges while preserving the broader objective of protecting domestic industry.

Trade policy experts say the move demonstrates that Washington has no intention of retreating from tariffs as a central component of its economic strategy.

Deborah Elms, Head of Trade Policy at the Hinrich Foundation, said the administration appeared determined to continue using tariffs regardless of legal obstacles.

She also noted that proving compliance with forced labour standards across complex international supply chains would be extremely difficult for many exporting countries, making it challenging for governments to secure exemptions from the new duties.

Businesses around the world are now assessing the likely financial impact.

Economists generally expect the tariffs to increase costs for importers, manufacturers and consumers in the United States. Although some goods remain exempt from the measures, higher import costs are likely to ripple through supply chains over time, affecting prices across a wide range of products.

Wendy Cutler, Vice President of the Asia Society Policy Institute and a former US trade negotiator, believes the overall impact could be moderated by exemptions covering certain categories of imports. Nevertheless, she warned that many governments are likely to respond by accelerating efforts to diversify trade relationships and reduce dependence on the American market.

Instead of relying heavily on exports to the United States, countries may seek stronger commercial ties with regional partners or negotiate new free trade agreements elsewhere.

The announcement has generated particular concern in the United Kingdom, where business groups argue that British exporters have lost an important competitive advantage.

William Bain, Head of Trade Policy at the British Chambers of Commerce, pointed out that while the European Union secured an arrangement involving an all-inclusive 10% tariff rate, UK exporters now face a universal 10% tariff in addition to any existing product-specific duties.

That distinction, Bain argued, leaves British businesses in a relatively weaker position when competing in the American market.

He said companies would be looking to the UK government to determine whether further negotiations with Washington could secure terms similar to those obtained by the European Union.

David Henig, Director of UK Trade Policy at the European Centre for International Political Economy, offered a more cautious assessment. While acknowledging that Britain’s relative position had weakened, he suggested businesses may hesitate before altering investment or export strategies given the unpredictability that has characterised President Trump’s trade policies.

“Anything could change tomorrow or the day after,” Henig observed, reflecting a broader uncertainty shared by many companies engaged in international trade.

The UK government responded by stressing that British businesses are not facing an increase beyond the announced tariff framework and reiterated its commitment to tackling forced labour in global supply chains.

A government spokesperson said the United Kingdom takes forced labour seriously and works to ensure British businesses are not complicit in human rights abuses within international supply chains.

Elsewhere, reactions have been considerably sharper.

Brazil condemned the decision, describing the 12.5% tariff imposed on its exports as unjustified.

Japan expressed regret over the measures, while Australia’s Trade Minister Don Farrell called the tariffs “completely unjustified,” warning they would create unnecessary obstacles for international commerce.

China also rejected Washington’s allegations.

Foreign Ministry spokesperson Mao Ning said Beijing firmly opposes unilateral tariffs and denied accusations that forced labour exists within Chinese manufacturing.

“There is no so-called forced labour in China, and we oppose using this as an excuse for political manipulation,” Mao said.

However, numerous international human rights organisations continue to allege that forced labour exists in China’s Xinjiang region, particularly involving members of Muslim ethnic minority communities. These allegations have remained a persistent source of tension between Beijing and Western governments.

The latest tariffs represent another chapter in President Trump’s long-standing belief that import duties strengthen American industry by encouraging domestic production and reducing dependence on foreign manufacturing.

Since returning to office, Trump has repeatedly argued that previous trade arrangements disadvantaged American workers and allowed overseas competitors to benefit from unfair practices.

His administration first unveiled sweeping tariffs during what became known as “Liberation Day” in April 2025, imposing duties of up to 50% on imports from numerous countries. Although many of those measures were later overturned by the Supreme Court, the White House has consistently sought alternative legal pathways to preserve its protectionist agenda.

The administration has also imposed separate tariffs targeting countries including Canada and Brazil, while maintaining a cautious pause in its prolonged tariff dispute with China.

Tariffs have additionally been used as leverage in negotiations extending beyond trade itself. President Trump has previously linked tariff policy to issues such as migration and border security, particularly in discussions with Mexico.

Further trade action may still be on the horizon.

The US government is currently investigating 16 additional countries over allegations that excessive industrial production and manufacturing overcapacity are distorting global markets. Those investigations could ultimately lead to another wave of tariffs affecting an even greater share of international trade.

For businesses, investors and governments worldwide, the latest announcement reinforces an increasingly uncertain global trading environment. While the White House argues the measures are essential for protecting American workers and addressing unfair practices, critics warn they risk increasing consumer prices, disrupting international supply chains and encouraging trading partners to deepen economic relationships outside the United States.

As legal challenges, diplomatic negotiations and commercial adjustments continue to unfold, the future direction of global trade policy remains one of the defining economic questions facing international markets.

Checkout Our Latest News On>>

Related News:

US Awaits Iran Reply on New Ceasefire ProposalUS Awaits Iran Reply on New Ceasefire Proposal Trump administration probe of Fed's Powell draws pushbackTrump Administration Probe of Fed’s Powell Draws Pushback Trump tariff strategy global chaosTrump’s tariff strategy collapse sows global chaos and confusion global oil supply shockGulf Oil Shock Sends Global Economic Ripples Iran ceasefire rejection Trump warningIran Rejects Ceasefire, Warns Trump With Chilling Message Trump Iran war approval drops as economic concerns riseTrump Faces New Warning Signs as Iran War Hits Home Oil Prices Rise Ahead of Trump's Iran Deal DeadlineOil Markets Surge as Investors Await Trump’s Final Iran Ultimatum Oil Prices Choppy After Expletive-Laden Trump Threat to IranGlobal Oil Markets Volatile After Trump’s Profane Threat to Iran Oil Prices Plunge and Stocks Jump on US-Iran Ceasefire 2026The ‘Relief Rally’: Global Markets Surge as Oil Prices Tank on 14-Day Truce Why did US and Israel attack Iran and how long could the war lastThe Horns of Dilemma: Why the 2026 Iran War Ignited and Where It Goes Next Trump NATO Critique 2026: Rutte Describes 'Very Frank' MeetingTectonic Tension: Trump Blasts NATO Costs as Rutte Admits to ‘Very Frank’ Exchange Israel-Hezbollah Strikes 2026: Trump Slams Iran Hormuz StrategyMidnight Fire: Israel and Hezbollah Exchange Strikes as Trump Lashes Out at Tehran Spirit Airlines shuts down after 34 years amid crisisSpirit Airlines shuts down after 34 years amid crisis Trump approval plunges amid Iran war fearsTrump approval plunges amid Iran war fears Trump Threatens UN Budget Cuts as US Pushes ‘Trade Over Aid’ AgendaTrump Threatens UN Budget Cuts as US Pushes ‘Trade Over Aid’ Agenda Hormuz Talks Near Critical StageHormuz Talks Near Critical Stage Reeves Fights to Keep Treasury Role Amid Labour TurmoilReeves Fights to Keep Treasury Role Amid Labour Turmoil Republicans Ukraine aidRepublicans Defy Trump on Ukraine Aid Bill Trump coal investmentTrump Approves $700m Coal Industry Investment African nations reject Trump aidWhy Some African Nations Are Rejecting Trump Aid Trump American expansionismTrump’s New Vision for 250 Years of US Expansion Europe Weighs Hormuz Navigation Fee PlanEurope Weighs Hormuz Navigation Fee Plan Trump Refuses to Sign Housing Bill, But Law Takes EffectTrump Refuses to Sign Housing Bill, But Law Takes Effect US Iran Strait of Hormuz tensionsUS-Iran Exchange Fire as Hormuz Tensions Escalate China economic growthChina’s Economic Growth Slows, Missing Official Target Modi’s London Visit Seals Historic UK-India Trade Pact Amid Global TensionsModi’s London Visit Seals Historic UK-India Trade Pact Amid Global Tensions Canada Passes Carney’s First Budget in Tight Parliamentary VoteCanada Passes Carney’s First Budget in Tight Parliamentary Vote Russia losses Ukraine war peace talksRussia losses Ukraine war peace talks intensify amid rising deaths immigration surgeTrump Escalates Minnesota Immigration Surge Amid Rising Tensions Trump Iran protesters executionTrump Threatens Strong Action If Iran Executes Protesters EU Says US Ties Have Suffered ‘Big Blow’ After Greenland CrisisEU Says US Ties Have Suffered ‘Big Blow’ After Greenland Crisis Trump Petro White House talksTrump Praises ‘Terrific’ Petro After White House Talks Fears of new arms race as US-Russia nuclear weapons treaty expiresFears of New Arms Race as US-Russia Nuclear Weapons Treaty Expires Stephen Colbert CBS FCC interviewStephen Colbert Says CBS Spiked Interview With Democrat Over FCC Fears markets bet spring rate cut inflation fallsLive Markets Bet on Spring Rate Cut as Inflation Falls City bets on rate cuts unemployment soarsCity Bets on Rate Cuts as Unemployment Soars US will not back out of tariff dealsUS Will Not Back Out of Tariff Deals with UK and Others, Says Trump Trade Representative Bill Gates took responsibility Epstein tiesBill Gates ‘Took Responsibility’ Over Epstein Ties in Staff Meeting, Foundation Says Cuba boat shooting American killedAmerican Citizen Killed in Cuba Boat Shooting, U.S. Officials Say Iran conflictTrump Faces Questions Over Iran Conflict Plan US Senate backs Trump war powers Iran missile barrageUS Senate Backs Trump War Powers Amid Iran Missile Barrage Pete Hegseth Iran warPete Hegseth Iran War Remarks Spark Alarm Iran war political risk TrumpIran War Puts Trump at Political Risk Amid Rising Prices US trade probe EU China IndiaUS Launches Probe into Trading Partners Including EU, China, and India oil price jumps despite reserve releaseOil Price Jumps Despite Deal to Release Record Amount of Reserves banking takeoverUniCredit’s Bold Move to Reshape European Banking Trump Iran Strategy Faces Risks Despite Undimmed ConfidenceTrump’s Confidence Undimmed — But Every Iran Option Carries Risk UK Wage Growth Slows as Jobs Market Holds FirmUK Wage Growth Slows as Jobs Market Holds Firm Cut Taxes on Energy Bills Before Giving Bailouts Badenoch SaysBadenoch Demands Energy Tax Cuts Over ‘Benefit Street’ Bailouts Can Congress Stop US Sports Teams From Moving Cities?Can Congress Stop US Sports Teams From Moving Cities? Ukraine Strikes Russian Oil Ports as Zelenskyy Visits Syria 2026Oil and Diplomacy: Russian Refineries Burn as Zelenskyy Secures Middle East Shield Small UK Firms’ Energy Bills Double Due to Iran War 2026“A Perfect Storm”: UK Small Businesses Face Doubling Energy Bills as Iran War Rattles Markets Trump's Hormuz Deadline Looms but Asian Nations dealing IranAsian Powers Secure Energy Lifelines as Trump’s Hormuz Deadline Looms 2026 Strait of Hormuz Crisis: Why the Iran War Blockade MattersThe Great Chokehold: Why the Strait of Hormuz is the Epicenter of the 2026 Crisis White House Prediction Market Ban 2026The Prediction Prohibition: White House Staff Barred from Betting on Political Markets Ireland Fuel Subsidy 2026: PM Announces €505m PackageRelief at the Pump: Irish PM Unveils €505m Package to Stem Fuel Crisis Lebanon-Israel Border Talks 2026: Beirut Enters With No CardsDiplomatic Deadlock: Lebanon Enters High-Stakes Border Talks with ‘No Cards to Play’ Iran War Insider Trading: Did Investors Profit from Trump’s Tweets?The Fog of War and the Ticker Tape: Suspicious Trades Rile Washington Iran Warns of 'New Cards' as Pakistan Peace Talks StumbleBrinkmanship in Islamabad: Tehran Vows ‘New Battlefield Cards’ as Ceasefire Wanes Mark Carney US trade talks 2026Red Lines in Ottawa: PM Carney Insists US “Won’t Dictate Terms” of Trade Review White House memo China AI theft 2026“Industrial-Scale Extraction”: White House Memo Accuses China of Mass AI Theft Somali piracy April 2026 hijacking Garacad Honour 25Return of the “Skiffs”: Threat Level Raised as Somali Pirates Seize Second Vessel in a Week Southeast Asia Turns to Russia Amid Energy CrisisSoutheast Asia Turns to Russia Amid Energy Crisis US Calls Australia Media Law “Foreign Extortion”US Calls Australia Media Law “Foreign Extortion” Capitalism ‘Suicidal’, Warns Petro at Climate SummitCapitalism ‘Suicidal’, Warns Petro at Climate Summit Beijing drone sales ban May 2026 security“Grounded”: Beijing Implements Total Ban on Drone Sales Citing Capital Security $13bn World Cup Set to Break All Revenue Records$13bn World Cup Set to Break All Revenue Records US Court Restores Abortion Pill Access TemporarilyUS Court Restores Abortion Pill Access Temporarily Tensions Emerge in Netanyahu-Trump AllianceTensions Emerge in Netanyahu-Trump Alliance Faisal Islam Burnham seeks to calm markets by committing to fiscal rules“The Iron Chancellor of the North”: Andy Burnham’s High-Stakes U-Turn to Prevent a Truss-Style Gilt Market Meltdown Nationwide Faces Governance Scrutiny Ahead of AGMNationwide Faces Governance Scrutiny Ahead of AGM Zelensky Putin talksZelensky Invites Putin to Direct Peace Talks Israel Iran retaliationIsrael Strikes Iran After Missile Attack Trump cryptocurrency earningsTrump Reportedly Earned More Than $1 Billion from Cryptocurrency Ventures in First Year Back in Office Severn Trent CEO Reward Package Doubled Despite Public AngerSevern Trent CEO Reward Package Doubled Despite Public Anger Bangladesh China India relationsBangladesh Balances China Ties as India Relations Improve Trump FIFA Balogun suspensionTrump Helps Clear Balogun for Belgium World Cup Clash EasyJet takeover dealEasyJet Agrees in Principle to £5.2bn Takeover Deal Trump Border Patrol recruitment driveTrump’s Major Recruitment Drive Targets Border Patrol Growth ICE arrests Chinese human rights lawyerICE Arrests Human Rights Lawyer Who Fled Chinese Crackdown

STAY CONNECTED

  • 6k Fans
  • 450 Followers
  • 600 Subscribers

MOST POPULAR

Pound sinks Starmer

Pound Sinks and Borrowing Costs Rise as Starmer Fights for Job

February 9, 2026
Judges to Decide Fate of Chief Constable Guilty of Contempt

Judges to Decide Fate of Chief Constable Guilty of Contempt

December 22, 2025
Treasury Reform Urged After Tragic Loss

Treasury Reform Urged After Tragic Loss

July 10, 2026
Irish economy grew strongly

Irish economy grew strongly in 2025

March 6, 2026
buy now pay later

Buy Now, Pay Later: How to Use It Safely Without Risk

February 26, 2026
David Szalay’s ‘Flesh’ Wins 2025 Booker Prize

David Szalay’s ‘Flesh’ Wins 2025 Booker Prize

November 12, 2025
Load More

About Us

The English Chronicle

The English Chronicle is your trusted source for accurate, timely, and unbiased news. Based in the heart of the digital age, our mission is to deliver well-researched journalism that informs, engages, and empowers readers across the globe.

Address:-
UK Address: Harbour House, Cold Harbour Lane, Rainham, London Borough of Havering, United Kingdom. RM13 9YB

Browse by Category

  • Africa
  • Agriculture
  • Ai and Innovation
  • Animal Rights
  • Animals
  • Arts And Culture
  • Asia Pacific
  • Australia News
  • Business & Economy
  • Canada News
  • Child Health
  • Child Safety
  • Climate Change
  • Cricket
  • Crime
  • Defence And Military
  • Economics
  • Education
  • Energy
  • Entertainment
  • Environment
  • Europe
  • Fashion
  • Finance
  • Food
  • Footbal
  • Formula 1
  • Gaming
  • Health
  • History
  • Hobbies
  • Human Rights
  • Infrastructure
  • innovation
  • International
  • Investigative Stories
  • Ireland
  • Latest
  • Law
  • Life & Society
  • Maritime
  • Market
  • Market
  • Media
  • Medical Innovation
  • Middle East
  • Motosport
  • Music
  • National Security
  • Natural Disaster
  • Photography
  • Politics
  • Premier League
  • Public Safety
  • Real Estate and Property
  • Religion
  • Retail
  • Retail
  • Road Safety
  • Robotics
  • Royal Family
  • Rural Economy
  • Science & Technology
  • Scotland and Highlands
  • Showbiz
  • South Asia
  • Sports
  • Tech News
  • Tennis
  • Tourism and Economy
  • Trade
  • Transport
  • Travel
  • UK News
  • US News
  • Violence
  • Wales News
  • War and Conflict
  • Weather
  • Wild Life
  • World Cup 2026
  • World News
oil prices hit $100 per barrel

Oil Prices Return to $100 Amid Global Market Fears

3 hours ago
Chinese mathematicians solve century-old problems

Chinese Mathematicians Win Top Prize for Historic Breakthroughs

3 hours ago
tech billionaire $644m divorce settlement

Tech Billionaire Faces $644m Divorce Settlement

4 hours ago
France tourist spot wildfire evacuation

France Evacuates Tourist Area as Wildfires Spread

4 hours ago
  • About Us
  • Advertise
  • Privacy & Policy
  • Team
  • Contact

© 2025 The English Chronicle.

No Result
View All Result
  • Home
  • Business & Economy
  • Politics
  • Entertainment
  • Sports
  • Science & Technology

© 2025 The English Chronicle.