Trump’s new tariffs on 60 countries—ranging from 10% to 12.5%—target forced labor in imports, leveraging a rarely used trade law previously applied to China. While aimed at boosting U.S. manufacturing, the costs hit consumers amid inflation fears. Exemptions apply to oil, gas, and USMCA-covered goods. Some nations responded by cracking down on forced labor, earning lower rates. With midterms looming, the administration gambles that the threat alone will force global trade partners to reform—despite critics questioning the tariffs’ structure and effectiveness.
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