The Trump administration has officially announced new tariffs ranging from 10% to 12.5% on imports from over 60 trading partners, including the European Union, the United Kingdom, Japan, South Korea, India, and Canada. The tariffs took effect starting Friday at midnight, Washington time.

The measures come after the Supreme Court, in early February, struck down much of the tariffs previously imposed by the Trump administration upon its return to the White House. The new tariffs therefore replace a temporary 10% measure already adopted on an interim basis, avoiding a regulatory gap between the two phases.

The legal basis for the measure draws on an investigation conducted by the office of the US Trade Representative under Section 301 of the Trade Act of 1974, concerning forced labor practices in supply chains. US Trade Representative Jamieson Greer stated that the goal of the tariffs is to restore fairness in the global market for American workers and to encourage trading partners to eliminate forced labor from global supply chains.

According to reporting by the Financial Times, the package includes exemptions for oil, gas, and fertilizers, as well as other goods not produced domestically in the United States, and waivers for products already subject to separate tariffs related to national security. Goods already subject to sector-specific tariffs remain outside the scope of the measure.

The new tariffs cover over 99% of US trade. The measure is the latest in a series of tariff announcements in preceding weeks, including 50% tariffs on certain Canadian goods and 25% tariffs on various Brazilian products.