Trump proposes 10% tariffs on 60 nations to rebuild broad trade barriers.
President Donald Trump is proposing new U.S. import levies of at least 10% on goods from about 60 trading partners, in a move aimed at rebuilding the broad tariff wall his earlier approach helped create but that was struck down by the U.S. Supreme Court, according to Bloomberg. The new plan follows an investigation into imports said to have been produced with forced labor and would extend pressure across a wide range of countries.
The proposal marks a renewed push by the Trump administration to use tariffs as a central trade tool. Bloomberg’s reporting says the administration is looking at broad-based duties rather than narrowly targeted measures, signaling that the White House wants to restore a sweeping protectionist framework instead of relying on sector-by-sector restrictions.