Trump imposes new tax hikes

Source: CBS News

“The Trump administration imposed tariffs of up to 12.5% Friday on [American buyers of] goods from 60 U.S. trading partners it accused of failing to crack down on forced labor. The move, announced Thursday, extended the administration’s tariffs on much of the world. … The new tariffs went into effect at 12:01 a.m. on Friday, when a separate set of 10% levies on [American buyers of] most imports expired.” (07/24/26)

https://www.cbsnews.com/news/trump-tariffs-dozens-countries-forced-labor/