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EXPLAINED: 3 | Vintage Vibes

US to impose new tariffs of up to 12.5% on 60 trading partners, including Thailand, on Friday

The United States on Friday will impose new tariffs of either 10% or 12.5% on goods from its top 60 trading partners, including China, Japan and Thailand, officials said, citing their alleged failure to adequately ban the import of goods made with forced labour.

Bangkok Post

Full list of 60 countries hit by new Trump tariffs over bizarre ‘forced labour’ claim

The U.S. will put taxes of 10 percent to 12.5 percent on imports – alleging that the countries impacted have inadequately enforced bans on goods produced by forced labour

The Independent UK

US unveils new tariffs on 60 partners as Trump rebuilds trade agenda

WASHINGTON - The United States said on Thursday that it would impose new tariffs on 60 trading partners over forced labor concerns, replacing an expiring global duty rolled out by President Donald Trump earlier this year.

Bangkok Post

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Google fine 'creates uncertainty' for EU-US trade deal, US Trade Representative says

Washington says the EU's €890m fine against Google under the Digital Markets Act jeopardises the EU-US trade deal, calling it "massive uncertainty" for US exporters.

Euronews

Trump imposes fresh tariffs on UK, EU and dozens of other trading partners

New tariffs will replace 10% global duty and come after US supreme court declared many of the earlier levies illegal

The Guardian - US

EU fines Google €890 million for competition breaches, risking Trump ire

The European Commission on Thursday fined Google a total of €890 million for breaching the bloc’s Digital Markets Act by restricting customer access to its competitors' services. The move risks escalating tensions with US President Donald Trump, who has repeatedly accused the EU of targeting US tech firms and has…

France 24

US trade chief defends tariffs as Democrats say Trump ‘in denial’ over price hikes

Jamieson Greer denies tariffs have pushed up prices during grilling from lawmakers over cost-of-living concerns

The Guardian - US

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EU set to bow to fresh US tariffs after current regime lapses

Despite considering the new duties "unjustified," the Commission said its priority was to ensure tariffs on EU goods remain below the 15% cap agreed under the EU-US trade deal in July 2025.

Euronews

US readies new tariffs as Trump's 10% global levy to expire

WASHINGTON (UNITED STATES) - The United States is set to impose new tariffs that could hit dozens of countries soon, trade envoy Jamieson Greer signaled Tuesday, with President Donald Trump's temporary global levies due to expire this week.

Bangkok Post

The Trump Admin Has Been Struggling To Impose Widespread Tariffs. It Appears To Be Ready To Give It Another Shot

U.S. Trade Representative Jamieson Greer said the Trump administration could impose widespread tariffs again soon.

International Business Times

Tariff policy wildly successful, more coming: USTR Jamieson Greer

US Trade Representative Jamieson Greer believes tariff measures reduced trade deficits and encouraged business reshoring. The Trump administration is planning new tariffs on countries using forced labour. Greer indicated broad tariffs helped the US negotiate new trade arrangements.

The Economic Times

Election Vulnerability

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Reason

US tariffs on Brazil are a bitter pill for sugar and ethanol makers

Brazil's ethanol and sugar producers expressed despair over new United States tariffs. These tariffs were imposed on thousands of Brazilian products by the U.S. government. Brazilian officials rejected the U.S. claims of unfair trade practices and market access. The U.S. seeks better access to Brazil's ethanol market without concessions for…

The Economic Times

America Has a Huge Trade Surplus With Brazil. Trump Just Put 25% Tariffs on Brazilian Goods Anyway.

It's almost like there is no real underlying principle guiding the Trump administration's tariff policies.

Reason

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The Economic Times

Trump team races the clock to rebuild US tariff wall knocked down by Supreme Court

A Supreme Court ruling has led to a notable decline in Treasury revenue from import taxes in the United States. President Trump's administration is under pressure with a July 24 deadline to recover the financial shortfall. New tariffs are being rolled out in accordance with Section 301 of the Trade…

Bangkok Post

US unveils new 25% tariff on some imports from Brazil

WASHINGTON - The United States on Wednesday announced a new tariff on various imports from Brazil, following a year-long investigation into the Latin American giant's trade and other policies.

The Economic Times

US says Brazil's tariff concessions favour India, Mexico in 301 probe

The United States Trade Representative announced tariffs on certain Brazilian imports. These tariffs target Brazil's preferential trade arrangements with India and Mexico. The US claims these deals disadvantage American exporters unfairly. Brazil offers lower tariff rates to India and Mexico on many goods. The United States seeks similar preferential treatment…

The Economic Times

US imposing 25% tariff on some Brazilian imports starting July 22, citing unfair trade practices

The United States announced a new 25 percent tariff on various Brazilian imports. This measure is set to take effect on July 22, impacting trade policies. Certain products like beef and coffee will be exempted from these new duties. US Trade Representative Jamieson Greer cited unfair trading practices by Brazil.…

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The Economic Times

An emboldened India holds out for better terms in US trade talks

India rejected a swift trade agreement with the United States, seeking more favorable terms. New Delhi's confidence stems from new trading partners and eased economic risks. India's government official stated they will not rush into an unfavorable deal. Rising exports and diversification initiatives have strengthened India's negotiating position. India is…

The Economic Times

India renews contract with lobbying firm of Trump's close aide

India has extended its lobbying contract with Jason Miller's firm. The agreement runs through April 2027 with a significant monthly fee. Miller's company provides strategic counsel and government relations assistance. Filings show Miller contacted Trump administration officials regarding trade matters. These outreach activities occurred during ongoing bilateral trade negotiations.

International Business Times

The Trump Administration Has Decided Not to Extend USMCA Trade Deal. Now A Countdown Begins to Change It

The United States has declined to extend the U.S.-Mexico-Canada Agreement (USMCA) during its mandatory six-year review, launching a 10-year countdown that could ultimately bring an end to the agreement unless the three countries agree to significant revisions.

Benzinga

Trump Administration Rejects Current North American Trade Pact — Mexico, Canada Back Continued Talks

The Trump administration on Wednesday declined to renew the trilateral treaty agreement with Mexico and Canada in its current form during a scheduled six-year review, with the countries now expected to continue negotiations over proposed changes.

Latin Times

Six Years In, Trump Walks Back His Own USMCA Trade Pact — And Autos Are Ground Zero

The U.S. rejected a clean USMCA renewal on July 1, triggering annual reviews through 2036 as autos, China limits and labor pay dominate talks.

The Economic Times

Trump administration declines to renew North American trade deal, starts 10-year wind-down clock

The United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufacturing and reduce trade deficits. Negotiations with Mexico and Canada are ongoing, focusing on automotive rules of origin. While Mexico seeks resolution, disagreements persist. The deal's future remains uncertain,…

Reason

Trump's Fertilizer Tariff Retreat Is Another Admission That Tariffs Raise Prices

The White House quietly repealed tariffs on Moroccan fertilizer this week.

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